Your firm spends $5000 every month on printing and mailing costs, sending statements to customers. If the

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Your firm spends $5000 every month on printing and mailing costs, sending statements to customers. If the interest rate is 0.5% per month, what is the present value of eliminating this cost by sending the statements electronically?

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Corporate Finance

ISBN: 978-0134083278

4th edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Nov 24, 2016 08:07 AM

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Your firm spends $5000 every month on printing and mailing costs, sending statements to customers. If the

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