View Pit Stop page for race #126 by lilsleep — Ghost race
View profile for Alpha (lilsleep)
Official speed | 43.43 wpm (134.01 seconds elapsed during race) |
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Race Start | April 20, 2018 3:49:01am UTC |
Race Finish | April 20, 2018 3:51:15am UTC |
Outcome | No win (3 of 5) |
Accuracy | 94.0% |
Points | 55.74 |
Text | #3640303 (Length: 485 characters) Ultimately, the real yield on stocks - and, therefore, through arbitrage, the real yield on longer bonds - is determined by the profitability of corporations and the real return that they earn on their capital. It is useful to distinguish between physical and financial returns. The return on physical capital includes here the return on the organization, management, and the so-called human capital - that is, the education, training, experience, and esprit de corps of the workforce. |