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Hints) Check My Work What is the average value of a loyal customer (VLC) in a target market segment if the average purchase price

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Hints) Check My Work What is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $60 per visit, the frequency of repurchase is every month, the contribution margin is 20%, and the average customer defection rate is 23%? If a continuous improvement goal is set of a 18% defection rate next year and 13% two years from now, what are the revised VLCS over their average buying life? Do not round intermediate calculations. Round your answers to the nearest dollar. For defection rate 23%, VLC-5 For defection rate 18%, VLC $ For defection rate 13%, VLC - Show All Feedback 000

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