So this is the correct formula.

这是正确的公式
That's correct and we can figure out what that is,

我们可以计算出这个价格是多少
okay. And so the correct formula is 91.68.

正确解得91.68
That's .917.

四舍五入得到0.917
Okay, but you see what you've done is,

但是你发现你所做的只是一小部分
these are the kind of fictitious things that Irving Fisher has told us to do.

这些知识费雪假设下我们应该怎么做
What you're really doing in the market is trading the treasuries.

你真正做的是在市场中交易债券
So here, you've traded a Treasury.

这里你只是交易了一种债券
You've bought 1 over 103 units of a 3-year Treasury.

你买了1/103份3年期债券
Now what else should you do?

其他还要做什么
You've got to trade Treasuries.

你要交易债券
How can you sell off this amount of money in year 2?

你要在第二年怎么卖掉这部分钱呢