• Actually, you can't say what the share price is because there are zero shares and they have a zero price, so the value of the price per share is zero over zero and you can't define it.

    实际上你并不能确定它的股价多少,因为股数为零,其市值也为零,所以每股价值就是,零除以零,无法计算

    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

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