C So here I'm declaring a variable called c, and I'm pretty much translating the formula from the slide using the characters on my keyboard to a floating point value.
这里我声明了一个变量,然后我把那个幻灯片上的公式,用键盘上的字符翻译成了,浮点数值。
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
You guys probably know that too from your days at the daycare, but I want to derive the formula and put it up, then we'll see how to use it.
你们可能从幼儿园起就已经知道这个式子了,但是我想重新推导一遍,再来看如何进行运用
If you had a perpetuity, which paid C/2 forever, you already know from the perpetuity formula that the value of that would be C/2 divided by r/2 if r/2 is the discount rate.
如果你有一只永续债券,每半年付息C/2,没有到期日,从永续债券的公式可以知道,债券价格等于C/2除以r/2,r/2为贴现率
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