Lo and behold, their bonds would go up because people had discovered that you might be entitled to par.
你可以发现,他们的债券价格会上升因为人们,已经发现你可能有权以票面价值。
You're going to work out what firm's demands are going to look like for each possible price they could set.
你们要解出,公司针对每一个其可能设定的价格,它的需求是什么
If stock price option -if stock options tend to be issued as announced by the company later, just before stock prices go up, there's no way that that can be right because nobody can know exactly when the stock price is going to go up.
如果股票期权价格...,如果就像公司事后宣称的一样,公司恰好是在股价上涨之前,发行的股票期权,这是不可能做到的,因为没有人可以确切知道,股票价格何时会上涨
Price competition two firms competing with one another in prices can have a Prisoners' Dilemma aspect about it.
价格竞争,两家互相打价格战的企业,可能会陷入囚徒困境
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