Newlyweds Carolyn and John purchased a bedroom set from Macs Furniture for $12,201. Over the...
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Newlyweds Carolyn and John purchased a bedroom set from Macs Furniture for $12,201. Over the following five years, they returned to Macs to buy nursery furniture for their soon-to-be first-born child for $3,790 and then to buy a childs bedroom set for $5,349 when that child turned two. Macs margin on all bedroom sets and furniture is 24%. Calculate Carolyn and Johns CLV over this five-year horizon.
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