View Pit Stop page for race #173 by tydollars19 — Ghost race
View profile for Tyler (tydollars19)
Official speed | 81.82 wpm (71.13 seconds elapsed during race) |
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Race Start | October 30, 2019 10:08:16pm UTC |
Race Finish | October 30, 2019 10:09:27pm UTC |
Outcome | No win (2 of 4) |
Accuracy | 98.0% |
Points | 105.00 |
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. |