Like the moon, Satan may look beautiful, but upon a closer scrutiny that beauty begins to yield certain metaphysical flaws.
像月亮那样,撒旦看起来非常美好,但是近看,就会发现这份美丽开始显露出一些抽象的瑕疵。
But despite the fact that it's modest, if everyone in the US would give according to that scale, it would yield 500 billion dollars.
尽管每个人的捐款不多,如果在美国,每个人都根据这个标准表捐款,那将会是5000亿美元。
They like to--when they're computing the investment yield, they want to be completely honest and not use any rules of thumb.
当他们计算投资收益率的时候,他们需要完全精确,而非用经验公式
All is not lost; the unconquerable Will, And study of revenge, immortal hate, And courage never to submit or yield: And what is else not to overcome?
我们没有完全失败,那无法被征服的意志,复仇的信念,永恒的仇恨,以及我们的勇气,不曾消逝:,还有什么能将我们击溃?
The "but" is that there are other ways we could model imperfect competition, and, as we're going to see today, they yield different answers.
但是"是指,通过其它方式也能获得不完全竞争模型,并且,就像我们今天会看到的,它们会产生不同的结论
The yield is going to be throttled by magnesium.
产量将为镁的量所控制。
So, I've got here a term structure; well, the term structure is the plot of yield-to-maturity against time-to-maturity.
我这有一张期限结构图,期限结构其实是,到期收益率与到期期限之间的关系图
The yield-to-maturity on an indexed bond is already in real terms because the coupons are indexed to inflation.
这种债券的到期收益率,就是实际收益率,因为票息已经被通胀指数化了
Buying them tends to push up the price; that tends to influence the yield down so it encourages a lower level of interest rate.
买进它们,导致价格上升;,导致参数降低,所以它鼓励一个低的利率水平。
We have to ask then, how do we get the price and the yield from this?
怎样确定这种债券的价格和收益呢
And, that's going to gate the yield.
这直接决定了产量。
It's going to control the yield.
这将控制产率。
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