We have to ask then, how do we get the price and the yield from this?
怎样确定这种债券的价格和收益呢
How do the prices and yields look at various points in time?
在不同的时点上,价格和收益会怎样变化呢
So if Pepsi is dumb enough to price above monopoly, sure I will undercut Pepsi but I won't undercut Pepsi by a penny, I'll undercut Pepsi all the way down to the monopoly price and make monopoly profits.
如果百事笨到把价格设的高于垄断价格,我当然要定价比百事低,但不是低一点,我要把价格设得比百事低直至垄断价格,并获取垄断收益
You can see that the stock market has been more volatile than the earnings and the price of a share is many times higher than the earnings per share.
你可以看到,股票市场波动性大于其收益,每股价格往往是,每股收益的几倍之多
We've identified the prices and yields of bonds of various maturities.
我们找出了各种不同期限债券的价格和收益
Again, this is price divided by ten-year earnings, not one-year earnings.
这是价格除十年的收益,不是一年的
I won't bother to write it separately for Firm 2, it's going to be the quantity it sells times the price it gets for that quantity, minus that quantity it sells times the cost it incurs in producing that quantity.
我不用另外写公司2的收益了,收益是销量,乘以对应的价格,减去销量乘以产品,的生产成本
So again, for Firm 1 it's the quantity it sells times the price, This is its revenue, minus the quantity it sells times C, the cost, this is his cost.
再次,公司1的收益是其销量乘以价格,即,收入,减销量乘以C,它的成本
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