(robert420)

Race #3426

View Pit Stop page for race #3426 by robert420Ghost race

View profile for (robert420)

Official speed 92.76 wpm (62.74 seconds elapsed during race)
Race Start July 25, 2019 4:30:25am UTC
Race Finish July 25, 2019 4:31:28am UTC
Outcome No win (2 of 4)
Opponents 1. arxbombus (93.27 wpm)
Accuracy 97.0%
Points 119.04
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.