Examlex
Explain the concepts of network externalities and installed base.
Capital Gain Yield
The rise in the price of an investment, represented as a percentage of the initial investment cost.
Appraised Value
The estimated value of a property, as determined by a qualified professional appraiser.
Property Taxes
Taxes levied by local governments based on the value of property owned, such as land and buildings.
Compound Annual Rate
The rate of return that would be required for an investment to grow from its beginning balance to its ending one, compounding over a period of a year.
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