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I agree with this.
I will consider a round-trip price divided by two.
But it ultimately comes down to how you value the flights.
If your round-trip business ticket is $10,000, $5,000 each way, and the one-way ticket in Business is 80,000 miles, that’s 6.25 CPP.
But would you really have forked over $5,000 for that ticket??
If not the value probably isn’t really 6 cents a point then.
This makes calculating value so difficult, and why everyone has their own value for points.