报酬率

Given our gain of 34.1%, it is tempting to declare victory and move on. But last year's performance was no great triumph: Any investor can chalk up large returns when stocks soar, as they did in 1997. In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.

看到我们高达 34.1%的超高报酬率，大家可能忍不住要高呼胜利口号，并勇往前进，不过若是考量去年股市的状况，任何一个投资人都能靠着股票的飙涨而大赚一票，面对多头的行情，大家一定要避免成为一只呱呱大叫的骄傲鸭子，以为是自己高超的泳技让他冲上了天，殊不知面对狂风巨浪，小心的鸭子反而会谨慎地看看大浪过后，其它池塘里的鸭子都到哪里去了。

But if investors expand their stock holding period to three or six years, the influence of employee bonus on stock returns is uncertain.

但若将股票持有期间拉长至三年或是六年，则员工分红对於投资人股票报酬率的影响则无确定影响。

Finally, before the ex-dividend dates, the samples with low employee stock bonus ratio have better ex-dividend effect.

五、在除权日前，中低员工配股率样本具有较佳之累计平均异常报酬率，但除权日后高员工配股率样本则较佳。

The samples of the study are the bond mutual funds in Taiwan ranging from September 2000 to May 2004. First, we use student's t test to compare the difference of the rate of return in different business cycle period. Then, Spearman's coefficient of rank correlation is involved to test the performance persistence.

本研究以民国89年9月至93年5月国内债券型基金为研究对象，先利用t检定比较不同景气循环期下之债券型基金报酬率是否有差异，接著利用Spearman等级相关系数分析在不同景气循环期下，债券型基金之基金绩效是否具有持续性，最后以多元回归模型检视各不同时期下，影响基金报酬之因素。

The form of the returns/earnings relationship didn't exhibit a certain degree of stability over time.

2与国外的研究结论相似，在深圳证券市场，中期盈余与报酬率之间的关系并不稳定。

Is totally possible even if the factor of diminishing land returns ''.

即使考虑到土地报酬率递减的因素，也是有条件实现的。

Under the rapid development of information networks, the financial industry is not only facing the dual pressures of organizational changes and horizontal competition, but dealing with the drop of overall average return on capital.

中文摘要在资讯网路的快速发展下，金融业面对同业竞争与组织变革的双重压力，尚需处理整体平均资本报酬率下降的问题。

She didn't realize her wrong calculation of input-output ratio until she left that family.

直到她离开了这个家，她才发现，自己的投资报酬率算错了。

However, under this assumption, only the first and second moment of forward credit spread returns distribution can be captured and hence cause the absence of flexibility.

在本文中，为了让远期信用利差报酬率分配更为弹性，使其更符合实际状况，利用了 Gram-Charlier 展开改善 CDSwaption 的评价结果。

When adding the variable of mismatch between education and occupation to wage function, its effect is more significant Next, rate of returns in Taiwan, no matter on overeducation or on adequate-education is higher than rate of returns in America and Europe.

薪资函数在投入教育与职业不相称的变项后，统计的解释量增加。其次，我国的教育的报酬率不论在过量教育或是适量教育方面，均高於欧美国家，教育投资的数量仍属合适。

In her eyes, because that is the doorway toher heart * the place where love resides.

女人的漂亮必須從她的眼睛中去看，因為那是她心靈的窗戶和愛居住的地方

I will send some postcards to you.

我会向你发送一些明信片。