View Pit Stop page for race #1542 by i_am_learning_touch — Ghost race
View profile for Not a dog (i_am_learning_touch)
Official speed | 77.99 wpm (74.63 seconds elapsed during race) |
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Race Start | May 30, 2019 2:06:17pm UTC |
Race Finish | May 30, 2019 2:07:32pm UTC |
Outcome | Win (1 of 2) |
Accuracy | 97.0% |
Points | 100.08 |
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. |