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Username: LuckyWoman

Rating:
Guru Stars

Asked to: Dara Madee

Date Created: 23 May 2019
Category 28
Tag Financial
Question Please give the definition of Breakeven Yield.
Advice from Guru
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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