Noah (licahfox)

Race #11219

View Pit Stop page for race #11219 by licahfoxGhost race

View profile for Noah (licahfox)

Official speed 161.11 wpm (36.12 seconds elapsed during race)
Race Start February 5, 2019 3:12:48pm UTC
Race Finish February 5, 2019 3:13:24pm UTC
Outcome Win (1 of 4)
Accuracy 99.0%
Points 206.75
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.