Aol bought customers from cd now for 60 per customer cd


AOL bought customers from CD Now for $60 per customer. CD Now's annual retention rate was 60 percent, and customers generated $15 of profit per year. Assuming an annual discount rate of 12 percent, evaluate AOL's purchase of CD Now customers.

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Business Management: Aol bought customers from cd now for 60 per customer cd
Reference No:- TGS02177280

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