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Because dividends are taxed at a higher rate than capital gains, as stock with a higher yields should have a higher expected return than a stock whose return is expected to result mostly from price appreciation. Adding yield to the traditional Security Market Line results in a "market plane"...
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Data are reported for intelligence and fertility in the Russian Federation. There was a statistically significant negative correlation for 29 provinces showing dysgenic fertility for intelligence in contemporary Russia. The negative relationship between test score and number of children was...
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