newmanjmarie newmanjmarie
  • 25-02-2024
  • Mathematics
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Estimate the value of a loyal customer of a loyal Volvo automobile owner. Assume the contribution margin is 0.34, the purchase price is $61,000, the repurchase frequency is every four years, and the customer defection rate is 23 percent. Do not round intermediate calculations. Round your answer to the nearest dollar.

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