View Pit Stop page for race #1687 by piotr_121 — Ghost race
View profile for Piotr (piotr_121)
| Official speed | 59.85 wpm (97.24 seconds elapsed during race) |
|---|---|
| Race Start | October 15, 2020 3:44:08pm UTC |
| Race Finish | October 15, 2020 3:45:45pm UTC |
| Outcome | Win (1 of 3) |
| Accuracy | 97.0% |
| Points | 76.81 |
| 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. |