The price of bond follows the law of value.
债券的价格遵循价值规律。
It rarely makes sense to buy at that high a price for them to be satisfied with being paid off only at par (the full value of the bond).
以这么高的价格买进,让他们满足于只按票面价值(债券的全部价值)偿付,几乎没有什么意义。
What is the dirty price of a bond?
债券包括应计利息的现金流现值是多少?
The price of the two-period bond is 1/2 and the price of the one-period bond is 1/.
所以两年期债券的价格是1/^2,一年期债券的价格则是1/
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