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Suppose Bella had entered into a contract to rent Michelle's apartment for one year.The contract mentioned that if either of the two parties breached it, the other was to recover her loss.If Michelle breaches the contract, a payment which leaves Bella no worse off than if the contract was honored, is called opportunistic damage.
Simple Interest
Interest calculated on the principal portion of a loan or deposit, without compounding over time.
Holding-Period Return
The overall return earned from owning an asset or a collection of assets over a specified duration, often represented as a percentage.
Dividend
Funds distributed by a corporation to its shareholders, typically from the company's earnings.
Arithmetic Average
The sum of a set of numbers divided by the count of that set of numbers, commonly used to compute simple averages.
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