You wouldn't buy this bond at par because at par, meaning at $100- because then you wouldn't get any interest on it.

你不是以平价买入,平价买入,意思是以100面值买,否则就没有利息收益了

耶鲁公开课 - 金融市场课程节选

So the benefits turned out to be only $49.5 million and so they didn't install the device.

收益最后只有4950万,因此他们没有安装该装置。

耶鲁公开课 - 公正课程节选

And she gets nothing if they fail to coordinate and so on and so forth.

如果协调失败了她就没有收益

耶鲁公开课 - 博弈论课程节选

Where even if you can find somebody who's going to be a first quartile manager, there's almost no difference between the first quartile return and the third quartile return.

即使你能找到一位,一流的经理人,但在债券市场收益中,第一和第三个四分位数之间几乎没有区别

耶鲁公开课 - 金融市场课程节选

The fact that I changed the other guy's payoffs didn't matter here.

别人的收益改变了但对我的没有影响

耶鲁公开课 - 博弈论课程节选

You'd have a higher expected return with no more variance.

你的预期收益率提高了，但风险没有增加。

耶鲁公开课 - 金融市场课程节选

I'm missing payoffs.

我还没有提到收益

耶鲁公开课 - 博弈论课程节选