Chris Klenø (sircw)

Race #3303

View Pit Stop page for race #3303 by sircwGhost race

View profile for Chris Klenø (sircw)

Official speed 130.98 wpm (44.43 seconds elapsed during race)
Race Start October 21, 2019 7:09:59pm UTC
Race Finish October 21, 2019 7:10:43pm UTC
Outcome Win (1 of 5)
Accuracy 97.0%
Points 168.10
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.