"It will continue to be soft, given the fact the rate at which there is price increase,".

VOA: standard.2009.09.19

The discount rate that is shown is the number that you plug into a formula to get the price.

这里显示的折扣率,需要被代入一个公式来获得价格

耶鲁公开课 - 金融市场课程节选

Buying them tends to push up the price; that tends to influence the yield down so it encourages a lower level of interest rate.

买进它们，导致价格上升；,导致参数降低,所以它鼓励一个低的利率水平。

耶鲁公开课 - 金融市场课程节选

That's another conventional formula that goes from interest rate to price of the security.

这是另一条已知利率,求证券价格的经验公式

耶鲁公开课 - 金融市场课程节选

Well, there's a formula that's been used by bond traders for hundreds of years and it's a traditional expression, which goes from the discount rate to the price.

这里有个债券交易商,用了上百年的公式,这是个传统表达式,它能用折扣率算得价格

耶鲁公开课 - 金融市场课程节选

So, how do we get the price from the discount rate?

那我们怎样才能从贴现率得到价格呢

耶鲁公开课 - 金融市场课程节选

So, the bid price is the--they don't do it in terms of price, they do it in terms of discount so the bid discount rate- there would be two numbers for each.

出价,往往不以报价的形式出现,而是以折扣率,出价的折扣率,有两个相关的数字

耶鲁公开课 - 金融市场课程节选

If your dealer quotes you a discount rate of 2.51%, you know how to convert that into the price and that's all that matters--all that really matters is the price you have to pay.

如果经销商告诉你折扣率是2.51%,你要知道如何转换成价格,真正和你有关系的,是你需要付多少钱

耶鲁公开课 - 金融市场课程节选

Then the relative price of gold versus silver shifted to the point that the gold with at the twenty-one shilling exchange rate the gold shilling was worth less the gold guinea was worth less than twenty-one shilling.

之后，金子相对于银子的相对价格,就移动到另一个值,在二十一个先令的兑换率下,金先令价值少于,金几尼的价值少于了二十一个先令的价值。

耶鲁公开课 - 金融市场课程节选

The price is just the present value of that stream, discounted at the interest rate.

债券的价格就是这些现金流,以利率r为贴现率算出的贴现值

耶鲁公开课 - 金融市场课程节选