The other thing that I mentioned last time was that there seems to be a really big difference between the expected return on the stock market and the expected return on short-term debt.
上节课提到的另一条内容是,股票市场的预期收益,与短期债券的预期收益,存在着巨大差异
This paper builds on and extends existing literature on execution cost and expected return in quote - driven stock markets where market makers play a leading role in determining bid - ask spreads.
证券交易的执行成本是信息不对称和市场供需不均衡时投资者买卖证券的风险补偿，是资产定价和市场微观结构的重要研究课题。
One measure of the expected return on a stock's price is to take the per-share forecast earnings for the current or coming year, and divide by the stock price.
其中一项措施的预期回报率股票的价格是采取为每股盈利预测为当前或未来一年，除以股票价格。
One measure of the expected return on a stock's price is to take the per-share forecast earnings for the current or coming year, and divide by the stock price.
其中一项措施的预期回报率股票的价格是采取为每股盈利预测为当前或未来一年，除以股票价格。
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