So what everybody knows is that the discount is converted into a price according to this formula.

所以每个人都知道,折扣率可以通过这个公式转换成价格

耶鲁公开课 - 金融市场课程节选

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