Taxes reduce the expected return on a risky asset but also lessen its riskiness.
税收减少
风险资产的预算收益，但
的风险。
Taxes reduce the expected return on a risky asset but also lessen its riskiness.
税收减少风险资产的预算收益，但的风险。
That alone will challenge old rules of thumb about the relative riskiness of emerging-market debt.
楼主翻成关于新兴市场债务风险的估算仅凭这个就会受到质疑。
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