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- UID
- 222316
- 帖子
- 403
- 主题
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- 注册时间
- 2011-7-2
- 最后登录
- 2016-8-2
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| "after liberalization occurs", stock market returns decline. Required return was 10%, now 7%. Stock price increased as the liberalization occurs, the required return dropped and investors bidded up the price. Now (with prices high), returns will decrease. |
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发表于 2011-7-11 19:13
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