But in more exotic asset classes, the long-term expected return may be zero, or at least less than the risk-free rate.
但是在那些奇特的金融产品中,长长期望后的回报可能是零,或者最终低于无风险利率。
The reason internal rate of return calculations remain popular, despite their overwhelming disadvantages, is that they do not require you to specify the cost of capital or alternative rate of return.
尽管存在无法弥补的缺陷,但内部回报率仍然盛行的原因在于,它们不要求你明确说明资金成本或另类回报率。
This rate of return is often referred to asthe discount rate, hurdle rate, or opportunity cost of capital.
这个回报率通常指贴现因子、最低预期资本收益率或者资本的机会成本。
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