Your firm spends $4500 every month on printing and mailing costs, sending statements to customers. If the

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Your firm spends $4500 every month on printing and mailing costs, sending statements to customers. If the interest rate is 1.47% per month, what is the present value of eliminating this cost by sending the statements electronically?

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Fundamentals Of Corporate Finance

ISBN: 9781292437156

5th Global Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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