View Pit Stop page for race #4696 by amaldevs — Ghost race
View profile for Amal (amaldevs)
Official speed | 91.77 wpm (63.42 seconds elapsed during race) |
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Race Start | September 27, 2017 10:10:59am UTC |
Race Finish | September 27, 2017 10:12:03am UTC |
Outcome | Win (1 of 4) |
Accuracy | 98.0% |
Points | 117.77 |
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. |