Long (rasvasormet)

Race #134

View Pit Stop page for race #134 by rasvasormetGhost race

View profile for Long (rasvasormet)

Official speed 63.10 wpm (92.23 seconds elapsed during race)
Race Start November 6, 2019 10:36:56am UTC
Race Finish November 6, 2019 10:38:29am UTC
Outcome No win (2 of 5)
Accuracy 98.0%
Points 80.98
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.