A Markov assumption is that the probabilities change over time

A speculative attack on the currency of a country is the focus of Stage Two of a financial crisis in an emerging market economy

Indicate whether the statement is true or false

What is the customer lifetime value of customer W. Harrelson for the first three years of the customer relationship?

Initial acquisition cost $2,100 n = number of years retained 3 r = retention rate for each of the n years retained 0.8 Cost of capital 0.1 M1 Margin from customer in year 1 $1,500 M2 Margin from customer in year 2 $1,800 M3 Margin from customer in year 3 $1,950 c1 cost $360 c2 cost $300 c3 cost $300 A) $825.12 B) $2,925.12 C) $6,390.00 D) $4,190.00