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Questions What is the value of a loyal customer ( VLC ) if the customer retention rate is 5 0 percent? Round your answer to

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What is the value of a loyal customer (VLC) if the customer retention rate is 50 percent? Round your answer to the nearest cent.
What is the value of a loyal customer (VLC) if the customer retention rate increases to 75 percent? Round your answer to the nearest cent.
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