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。
The cost and scarcity of this type of funding means that these businesses—equity underwriting is an example—will command higher margins.
这种债务的成本和稀缺性意味着相关行业——例如股票包销——要求更高的收益。
Banks that needed equity but dithered last year discovered to their cost that the pool of available capital was not limitless; they had to pay far more for it later, if they could get it at all.
需要股票权益的银行去年却犹豫了并发现了现有的资金是无数的。如果他们能够得到所有的话,必须过后付的更多。
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