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Customer Lifetime Value (CLV) is an important measure to aid in decision-making for organizations. Assume you are a customer of Verizon, and they want to

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Customer Lifetime Value (CLV) is an important measure to aid in decision-making for organizations. Assume you are a customer of Verizon, and they want to determine your CLV. If your cellphone bill is $50/ month, and you have been a customer for 5 years, and intend to have a cell phone 50 more, what is the lifetime revenue you will generate? Assume to the cost to serve is $10/ month. What is your lifetime revenue generation? What is your CLV? $55,000;$26,400 $26,400;$6,600 $33,000;$12,000 $33,000;$26,400 $33,000;$6,600

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