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Tire manufacturer GoodT sells tires to retail firm A . Average annual sales for firm A is $ 1 3 2 , 0 0 0

Tire manufacturer GoodT sells tires to retail firm A

.

Average annual sales for firm A is $

132, 000 .

Average profit margin is

17 % .

The expected lifetime is

4

years. Using a discount rate of

7

percent, calculate the Customer Lifetime Value of firm A and choose the closest answer below:

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