Musically (musically_ut)

Race #3456

View Pit Stop page for race #3456 by musically_utGhost race

View profile for Musically (musically_ut)

Official speed 97.71 wpm (59.56 seconds elapsed during race)
Race Start August 9, 2017 12:45:14pm UTC
Race Finish August 9, 2017 12:46:14pm UTC
Outcome Win (1 of 3)
Opponents 2. bakedchicken (94.85 wpm)
3. rhunter21892 (89.49 wpm)
Accuracy 98.0%
Points 125.40
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.