Average lifespan of an lpc customer to the nearest year

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Fictional Product Company makes an average of $900 each year in revenue per customer. Its average COGS are $100 per year for each customer, and it spends on average $25 per customer each year. Average acquisition costs are $50 per customer. Its retention rate is 75%, and its weighted average cost of capital is 10%. What is the average lifespan of an LPC customer to the nearest year? What is the lifetime value per customer to the nearest dollar?

Reference no: EM133021873

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