It surprises many people that stocks have paid such an enormous premium over the return on short-term debt.
很多人没有想到的是,股票相比短期债券而言,存在一个巨大的溢价。
The most popular life-insurance products tend to be simple: pay a premium for 10-15 years and get a return, plus protection for your family in the case of death.
最受欢迎的人寿产品往往十分简单:在10到15年中缴纳保费,就能获得收益,万一遭遇不幸,家庭还能获得额外的赔偿。
A more sophisticated argument revolves around the equity risk-premium, the extra return investors should demand for holding shares.
一个更为严密的论证考虑了证券的风险溢价,即投资者对持有股票所应要求的额外回报。
.. The equity premium is the-- 2.8% this short-term 2.8% is the riskless return, historically, for a period of almost 200 years.
股权溢价就是-,这个短期无风险投资收益率是,是根据近200年的数据得出的。
It surprises many people that stocks have paid such an enormous premium over the return on short-term debt.
很多人没有想到的是,股票相比短期债券而言,存在一个巨大的溢价。
应用推荐