This paper will study the Chinese equity risk premium.
为此，本文将研究中国股权风险溢价问题。
The first step is to define the equity risk premium more exactly.
第一步是尽可能精确地界定股票风险溢价的范畴。
Sovereign risk must be accounted for as part of cost of equity.
主权风险必须作为权益成本的一部分加以考虑。
That, I think, is the biggest risk public equity owners face.
我认为，这是公众股东面对的最大的风险。
A businessman's risk is a small dip in equity.
生意人的风险就是资金的少量减少。
High-equity ratio is high risk and high reward financial structure.
产权比率高是高风险高报酬的财务结构。
High-equity ratio is high risk and high reward financial structure.
产权比率高是高风险高报酬的财务结构。
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