第二种是CCAPM异象，主要是指股票溢价之谜。
The other is CCAPM anomaly, especially the equity premium puzzle.
投资者再也不用为优质股票支付如此高的溢价了。
No longer do investors have to pay such a big premium for quality.
第一步是尽可能精确地界定股票风险溢价的范畴。
The first step is to define the equity risk premium more exactly.
您可能以为中国公司会在股票市场溢价。
You might assume that Chinese companies would command a premium in the stock market.
您可能以为中国公司会在股票市场溢价。
You might assume that Chinese companies would command a premium in the stock market.
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