The key point is inaccurate and not objective appraisal of the option characteristic, resulting in the big Jifference between appraisal and authentic value.
问题的重点主要在于,可转换债券期权特性部分定价的不客观、不准确,从而导致对可转换债券的估值,存在着与其实际价值有较大差距。
An authentic old master painting from the 17th century may be a timeless masterpiece, but if it has never been sold, it has no money value.
一件真正的17世纪大师的画作或许是一件永恒的杰作,但如果它未从被卖出,那么它就不具有货币价值。
Thinking about their mortality in a more personal and authentic manner may make them think more about what they value in life.
用一种更个人、更逼真的方式来看待自己的死亡让人们更多思考自己生命的价值。
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