Question: Pit Stop's corporate discount rate is 9%. For a certain customer segment, Pit Stop estimates annual retention at 66%. So what would be Pit Stop's

Pit Stop's corporate discount rate is 9%. For a certain customer segment, Pit Stop estimates annual retention at 66%. So what would be Pit Stop's margin multiple be for this segment? (Rounding: 2 decimal places.) show step by step how you got answer

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