Now incidentally, that's an interesting question that you bring up, because--should I pay any attention to dividend dates as an investor?

你提出了一个很有趣的问题,投资者应该注意除息日吗

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When the date came, you would cut the coupon off and go to the bank and get your interest payment.

到息日到了以后，你就可以剪下这张息票拿到银行,去兑换利息。

耶鲁公开课 - 金融市场课程节选

That's an important--this really does happen, stocks really do drop in price on ex-dividend date.

这很重要,公司就是这么做的,股价通常会在除息日下跌

耶鲁公开课 - 金融市场课程节选

The idea of a forward rate is that, implicit in that term structure is also a quote for the one-year rate, one year hence, because if you look at the two-year rate, can't you infer back what interest rates are going to be in one year?

远期利率隐含在期限结构中的,一年期利率报价,起息日是第二年初,因为如果你知道了两年即期利率,就可以很自然地推出一年即期利率

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