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Lester T. Nightfly owns a radio station in Baton Rouge. He plans to spend $50,000 to run display ads through Googles Display network to drive

Lester T. Nightfly owns a radio station in Baton Rouge. He plans to spend $50,000 to run display ads through Googles Display network to drive awareness. He expects the ads to reach 100,000 people an average of 5 times.

  1. What is Lesters CPM?

  1. If his CTR is 4% and his conversion rate is 5%, how many conversions will the campaign generate?

  1. What will the CPA (cost-per-acquisition) be?

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