The coupon is expressed as an annual amount; you get half of it every six months.

票息是以年为单位计算的,每六个月获得一半

耶鲁公开课 - 金融市场课程节选

Getting rid of half at each step.

每一步把空间缩小一半。

麻省理工公开课 - 计算机科学及编程导论课程节选

If you have a bond with an interest rate of 4.375% -that's not an easy one to divide by two but you would get half of that every six months until maturity.

如果你持有一种利率为4.375%的债券,这个数除以2有点难算,而在债券到期前,每半年你能得到4.375%一半的券息

耶鲁公开课 - 金融市场课程节选

> So now that might not have felt like the fastest algorithm but think about what you could have done with that algorithm in each iteration, much like the phonebook up front here, you literally split that problem in two because on each iteration roughly half of you were sitting down and then another half and then another half.

虽然这并不是最快的算法,但如果把这种算法每次迭代,就像刚才查电话簿一样，你便将这个问题一分为二了,因为每一次迭代后只有一半坐下来,以此类推。

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