抵押贷款每月还款是固定的,但是其中本金和利息的比例关系,会随时间而改变,这是由这个公式所决定的
Your mortgage payment is constant through time but the fraction of it that goes to paying off principal versus interest changes through time and it just changes as dictated by this formula.
这个决定出人意料,但是直接调升利息率的过程确实非常艰难。
The decision may have been unexpected, but the case for an immediate rise in interest rates was formidable.
已经发行尚未上市的,撤销发行核准决定,发行人应当按照发行价并加算银行同期存款利息返还证券持有人;
As to any securities that have been issued but haven't been listed, the relevant decision on approval for issuance shall be revoked.
He had a diagram, which illustrated what is the ultimate cause of interest, and it helps us to think about this diagram whenever we try to understand the term structure.
费雪教授用一张图,来解释决定利息的本质因素,每当我们试图理解期限结构时,就会用到这张图
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