Shxd0w_ (shxd0w_)

Race #13

View Pit Stop page for race #13 by shxd0w_Ghost race

View profile for Shxd0w_ (shxd0w_)

Official speed 65.90 wpm (88.32 seconds elapsed during race)
Race Start January 28, 2019 9:24:00pm UTC
Race Finish January 28, 2019 9:25:28pm UTC
Outcome Win (1 of 4)
Accuracy 95.0%
Points 84.57
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.