41. Your firm spends $5000 every month on printing and mailing costs, sending state- ments to customers.

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41. Your firm spends $5000 every month on printing and mailing costs, sending state- ments to customers. If the interest rate is 0.5% 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: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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