Username: LuckyWoman Rating: Asked to: Dara Madee Date Created: 23 May 2019 |
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Category | 28 |
Tag | Financial |
Question | Please give the definition of Breakeven Yield. |
Hello LuckyWoman, The breakeven yield is the yield required to cover the cost of marketing a banking product or service. Breakeven yield is the point at which the money, which the sale of a product or service brings in, is equal to the cost of marketing the product or service. A financial institution realizes no profit or loss at the breakeven point. |
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