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Netflix brings television and movies on demand to millions of users a month. The average customer is charged $13 a month.Every customer costs Netflix $24

Netflix brings television and movies on demand to millions of users a month. The average customer is charged $13 a month.Every customer costs Netflix $24 a year in terms of infrastructure maintenance. Between customer service and managing customer databases, Netflix spends $12 a year per customer. With the rise of multiple other streaming services, Netflix loses 2% of their current customers to competitors. With a calculated discount rate of 4%, what is the CLV?

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