I'm going to ask another important thing, almost as important.

我想问一个同样重要的东西
I want the forward rate.

我要的是远期汇率
Student: we can't see that. You can't see that.

我们看不见你们看不清吗
I'm glad you pointed that--can you see this?

我很高兴你能指出这点能看到这个吗
Student: Yes. Okay.

是的很好
The cameraman told me this board was great.

摄影师告诉我这个黑板很棒
But anyway, so how about, I'll write 1 plus i_1^, forward, is

我写1+i1
by the way, am I calling that 1 i_0 or 1 i_1?

顺便看一下我要的是i0还是i1
Sorry, just want to get my notation straight.

抱歉我想看一下我的笔记
Okay, so let's call 1 plus i_0 is the--1 plus i_t is the number of dollars

我们吧1+i0 应该是1+iT
at t plus 1 in exchange for 1 dollar at t.

看做T时1美元在T+1时的价格
So this is the number of dollars at t plus 1 agreed today.

这就是现在同意在T+1时的价格