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Extimate the value of a loyal customer of a loyal Volvo automobile owner. Assume the contribution margin is a 3 1 chep purchase price is

Extimate the value of a loyal customer of a loyal Volvo automobile owner. Assume the contribution margin is a

31

chep purchase price is $

70, 000,

the repurchase frequency is every four years, and the customer defection rate is

22 .

percen? bo not found intermediate calculations. Round your answer to the nearest dolay

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