So, if a bond was issued when interest rates were lower, they might have a 4% coupon when the prevailing rate is 6%.
所以,如果一只债券在利率很低的时候发行,在汇率为6%的的时候,它们可能有一个4%的票息。
Using the richness of Capa, Gerda sold each of his photos for 150 francs and more, three times the prevailing rate.
利用卡帕这个华丽的名字,每幅照片吉达都卖到了150法郎或者更多,这是当时普通市价的三倍。
So, if a bond was issued when interest rates were lower, they might have a 4% coupon when the prevailing rate is 6%.
所以,如果一只债券在利率很低的时候发行,在汇率为6%的的时候,它们可能有一个4%的票息。
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