假如再投资率高于赎回收益率,假定持有至偿还期,则有息债券的实践报答远远高于赎回收益率。
If the reinvestment rate is higher than the redemption yield then the actual return on the bond, assuming it is held to maturity, will be higher than the redemption yield.
作为高风险与高收益的结合体,创业投资的高收益依赖于“投入—回收—再投入”的不断资本循环以得到资本增值。
As a collection of high risk and high yield, capital appreciation of venture capital increases by a continuous capital circulation of "Investing-Recycling-Reinvesting".
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