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Question $3(1$ point$)$

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Customer lifetime value for your firm's customers averages $$3,770.$ A list broker offers to sell to your company access to a list of $670$ leads$--$prospective customers for your business. You figure that maybe $41\%$ of these leads are actual prospects, and that you would have a $30\%$ chance of converting each one of those into a customer. What is the value of this whole list to your firm? In other words, what is the maximum amount that you should pay for access to this list? Rounding: dollar.

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