Speculation, page-30

It was a very interesting experience going through the process that I thought that I understood as an occasional shareholder in JHC and EHE. He chose the daily DAP fee instead of the upfront large RAD amount. The DAP is simply the daily interest associated with the RAD, currently set using 4.91%. Also he was given a substantial discount (around 40%) on the advertised RAD/DAP after undergoing a means test that excludes the family home that my mother still lives in. You can avoid the means test by paying the full advertised amount.