The bank then buys these Bills of Exchange at a given discount rate without recourse back to the customer. 银行扣除一定的贴息无追索地向客户买下汇票。
The bank had to halve its discount rate. 银行不得不把贴现率降低一半。
Second, the discounted cash flow method assessment of the value of China Merchants Bank, how to better estimate the discount rate, as well as forecast future cash flows has yet to be explore. 第二,在使用现金流量折现法评估招商银行价值时,怎样更好地估算折现率以及预测未来现金流量也有待探究。