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Question 23 5 pts CLV1: Calculate the customer lifetime value (over entire lifetime), if the annual profit contribution of customer D, is $500. Is

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Question 23 5 pts CLV1: Calculate the customer lifetime value (over entire lifetime), if the annual profit contribution of customer D, is $500. Is it worth targeting this customer if the cost of acquiring customer D is $1,500. Discount rate is 10% Retention rate is 0.8 Customer has a Transactional relationship with MV The payment is made at the beginning of the month Also provide the formula you use for calculating the CLV. Edit View Insert Format Tools Table 12pt Paragraph BIU A T

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