红利债券

You will gain the most money in dividends if you hold your bond to maturity.

你将获得最钱的红利，如果你拥有你的债券至到期日。

Coincidentally, in April this year, before the establishment of the China Shipping steady income bond fund also announced for the first time since the establishment of the dividends per share of 10 fund distributed a dividend of 0.3 yuan.

巧合的是，今年4月，前中国船舶稳定的收入债券基金的设立还宣布以来的10家基金每股分红成立以来的首次派发了0.3元红利的时间。

The company in general meeting may upon the recommendation of the directors resolve that it is desirable to capitalize any part of the amount for the time being standing to the credit of any of the company ' s reserve accounts or to the credit of the profit and loss account or otherwise available for distribution , and accordingly that such sum be set free for distribution amongst the 1llembers who would have been entitled thereto if distributed by way of dividend and in the same proportions on condition that the same be not paid in cash but be applied either in or towards paying up any amounts for the time being unpaid on any shares held by such member respectively or paying up in full unissued shares or debentures of the company to be allotted , distributed and credited as fully paid up to and amongst such members in the proportion aforesaid , or partly in the one way and partly in the other , and the directors shall give effect to such resolution .

一百零五、经董事会建议，公司股东大会可以作出决议，将公司提留作为储备金及用于调整亏盈账户或其他本可用做分配的资金款项的任何部分作为资本，同样可决定将此种款项留存用于分配给原本有权按同样比例分到红利的股东，条件是不支付现金，或者用其抵冲股东所持股份中未缴付的股款，不然则用其支付公司即将按上述比例分配和发行给这些股东的缴足股款的股票或债券的股款，或部分用于这方面，部分用于另一方面，董事会应当负责作出此种决议。

The company in general meeting may upon the recommendation of the directors resolve that it is desirable to capitalize any part of the amount for the time being standing to the credit of any of the company's reserve accounts or to the credit of the profit and loss account or otherwise available for distribution , and accordingly that such sum be set free for distribution amongst the members who would have been entitled thereto if distributed by way of dividend and in the same proportions on condition that the same be not paid in cash but be applied either in or towards paying up any amounts for the time being unpaid on any shares held by such member respectively or paying up in full unissued shares or debentures of the company to be allotted , distributed and credited as fully paid up to and amongst such members in the proportion aforesaid , or partly in the one way and partly in the other , and the directors shall give effect to such resolution .

一百零五、经董事会建议，公司股东大会可以作出决议，将公司提留作为储备金及用于调整亏赢账户或其他本可用作分配的资金款项的任何部分作为资本，同样可决定将此种款项留存用于分配给原本有权按同样比例分到红利的股东，条件是不支付现金，或者用其抵冲股东所持股份中未交付的股款，不然则用其支付公司即将按上述比例分配和发行给这些股东的缴足股款的股票或债券的股款，或部分用于这方面，部分用于另一方面；董事会应当负责作出此种决议。

This paper,to more complicated stock product,makes use of martingale measure and the method of stochastic analyse,gives the mult-factor pricing model of convertible bonds with redeemable clauses ,combines the actual circumstance of market disburses dividends,discusses the martingale pricing of n-factor convertible bonds with periodic dividends,and induces the pricing formula.

针对较为复杂的股票产品，利用鞅测度和随机分析的方法给出了附有回购条款的可转换债券多因素定价模型，并结合市场分红的实际情况，探讨了在周期付红利下n-因子可转换债券的鞅定价，且给出了价格公式

Any ygeneralmeetingdeclaringadividendorbOnusmaydirectpayn1entofsuchdividend or bonus wholly or partly by the distribution of specific assets and in particular of Paid 一 up shares , debentures or debenture stock of any other company or in any one or more Of such ways and the directors shall give effect to such resolution , and where any difficulty arises in regard to such distribution , the directors may settle the same as they think expedient , and fix the value for distribution of such specific assets or any part thereof and may determine that cash payments shall be made to any members upon the footing of the value so fixed in order to adjust the rights of all parties , and may vest any such specific assets in trustees as may seem expedient to the directors .

一百零三、凡宣布股息或红利分配的股东大会都可作出决议，全部或部分用特定的资产和具体用缴足股本的股票、任何其他公司的债券或债券股，或其他任何一种或多种方式进行股息或红利的分配，董事会应实施此种决议，一旦分配遇到困难，董事会可用其认为恰当的方式予以解决，并确认用于分配的全部特定资产或其任何部分的价值，且可按所确认的价值确定分配给股东的现金，由此调整所有当事各方的权利，董事会还可将此种特定资产委托给其认为恰当的人托管。

Any general meeting declaring a dividend or bonus may direct payment of such dividend or bonus wholly or partly by the distribution of specific assets and in particular of paid － up shares , debentures or debenture stock of any other company or in any one or more of such ways and the directors shall give effect to such resolution , and where any difficulty arises in regard to such distribution , the directors may settle the same as they think expedient , and fix the value for distribution of such specific assets or any part thereof and may determine that cash payments shall be made to any members upon the footing of the value so fixed in order to adjust the rights of all parties , and may vest any such specific assets in trustees as may seem expedient to the directors .

一百零三、凡宣布股息或红利分配的股东大会都可作出决议，全部或部分用特定的资产和具体用缴足股本的股票、任何其他公司的债券或债券股、或其他任何一种或多种方式进行股息或红利的分配，董事会应实施此种决议，一旦分配遇到困难，董事会可用其认为恰当的方式予以解决，并确认用于分配的全部特定资产或其任何部分的价值，且可按所确认的价值确定分配给股东的现金，由此调整所有当事各方的权利，董事会还可将此种特定资产委托给其认为恰当的人托管。

Any general meeting declaring a dividend or bonus may direct payment of such dividend or bonus wholly or partly by the distribution of specific assets and in particular of paid－up shares,debentures or debenture stock of any other company or in any one or more of such ways and the directors shall give effect to such resolution,and where any difficulty arises in regard to such distribution,the directors may settle the same as they think expedient,and fix the value for distribution of such specific assets or any part thereof and may determine that cash payments shall be made to any members upon the footing of the value so fixed in order to adjust the rights of all parties,and may vest any such specific assets in trustees as may seem expedient to the directors.

一百零三、凡是发布股息或红利分配的股东大会都可作出决议，整个或部分用特定的资产和具体用缴足股本的股票、任何其他公司的债券或债券股、或其他任何一种或多种方式进行股息或红利的分配，董事会应实行此种决议，一夕分配碰到难题，董事会可用其认为恰当的方式予以系决，并确认用于分配的局部特定资产或其任何部分的价值，且可按所确认的价值肯定分配给股东的现金，由此调剂所有当事各方的权力，董事会借可将此种特定资产拜托给其认为恰当的人托管。

I didn't watch TV last night, because it .

昨晚我没有看电视，因为电视机坏了。

Since this year, in a lot of villages of Beijing, TV of elevator liquid crystal was removed.

今年以来，在北京的很多小区里，电梯液晶电视被撤了下来。