Gold does well when the dollar is under siege and the real rate of return goes negative.
当美元贬值时黄金走好，同时实际的回报率下降。
If we assume that American dividends grow in line with GDP, that suggests a real growth rate of perhaps 2.5%, and thus a likely total real return of around 4.5%.
如果我们假设美国股息收益率会和GDP同样速度增加，那么实质增长率可能达到2.5%，因此总体实质回报会在4.5%左右。
When this index exceeds the rate of return earned on equity by the business, the investor's purchasing power (real capital) shrinks even though he consumes nothing at all.
当这个指数超过企业的资本回报率，投资者的购买力(真实资本)缩小为零，即使他没有消费任何东西。
The object of this thesis is the important parameter return rate of income capitalization approach in real estate appraisal.
本论文的研究对象是房地产估价中收益还原法使用的重要参数还原利率。
The object of this thesis is the important parameter return rate of income capitalization approach in real estate appraisal.
本论文的研究对象是房地产估价中收益还原法使用的重要参数还原利率。
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