Question: Use the Excel template VLC to find the average value of a loyal customer (VeC) in a target market segment if the average purchase price

Use the Excel template VLC to find the average value of a loyal customer (VeC) in a target market segment if the average purchase price is s\$5 per visit, the frequency of tepurchase is seven times per year, the contribution margin is 5 percent, and the average custamer defection rate is 20 vercent? Round your answer to the nearest dallar. 5

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