Effectively, you get interest from this because it's sold at a discount, so the price that you pay is equal to one hundred minus the discount.

实际上,你仍然从中获得利息,因为债券是打折出售的,所以买入价,等于一百减去折扣

耶鲁公开课 - 金融市场课程节选

Well, there's a formula that's been used by bond traders for hundreds of years and it's a traditional expression, which goes from the discount rate to the price.

这里有个债券交易商,用了上百年的公式,这是个传统表达式,它能用折扣率算得价格

耶鲁公开课 - 金融市场课程节选

So, how do we get the price from the discount rate?

那我们怎样才能从贴现率得到价格呢

耶鲁公开课 - 金融市场课程节选