Your firm spends $4,700 every month on printing and mailing costs, sending statements to customers. If the

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Your firm spends $4,700 every month on printing and mailing costs, sending statements to customers. If the interest rate is 0.48% per month, what is the present value of eliminating this cost by sending the statements electronically?

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Corporate Finance The Core

ISBN: 9781292158334

4th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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