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Using the Three Gorges Dam on Chinaʹs Yangtze River as an example, what are the benefits and costs associated with building dams?
Historical Annual Average
An average value calculated from a series of yearly figures, often used in financial analysis to smooth out fluctuations.
Holding-Period Return
Holding-period return is the total return received from holding an asset or portfolio of assets over a specified period, including interest, dividends, and capital gains.
Dividend
A portion of a company's earnings that is distributed to shareholders, usually in the form of cash or additional shares.
Effective Annual Rate
The actual interest rate an investor receives or pays in a year, taking into account the effect of compounding.
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