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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Related Book For
Corporate Finance The Core
ISBN: 9781292158334
4th Global Edition
Authors: Jonathan Berk, Peter DeMarzo
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