Question

求最专业的正确的翻译，商务英语翻译，拒绝翻译器！！！

In the Appendix to the note we provided a detailed analysis of the value of both options for bondholders. The Par and Discount bond options are equivalent from a valuation perspective. The Par Bond, however, is designed to appeal to retail investors and will be rationed. To the extent that this bond is held by many investors with relatively small positions, liquidity in this bond will be inferior to the Discount Bond. If this exchange is successful, the Discount Bond is likely to attract more institutional buyers and to perform better (despite its 2 year shorter duration).

Answer 1

我们在笔记的附录中为两种债券的选择价值提供了详细的分析。同水准债券和贴现债券期权从估值角度等价。不过，同水准债券是旨在吸引散户投资者而且将被定量配给。在这个意义上,这种由许多在这个债券上定位和、流动性相对较小的投资者掌握的债券将会比贴现债券低劣。如果这种兑换成功的话,贴现债券有可能会吸引更多的制度买家并且会表现得更好(尽管它短了两年的持续时间)。
全手工翻译，有些慢，请体谅哈。
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Answer 2

In the Appendix to the note we provided a detailed analysis of the value of both options for bondholders.
在附录中提供了一个详细的注意,我们分析两种选择的价值为债券存根簿。

The Par and Discount bond options are equivalent from a valuation perspective.
帐面和折扣债券期权估价等效从的角度看问题。

The Par Bond, however, is designed to appeal to retail investors and will be rationed.
债券的面值,不过,这是旨在吸引散户投资者,将定量配给。

To the extent that this bond is held by many investors with relatively small positions, liquidity in this bond will be inferior to the Discount Bond.
在某种程度上,这种关系是由许多投资者以相对较小的位置、流动性在这个国债将不如折扣的债券。

If this exchange is successful, the Discount Bond is likely to attract more institutional buyers and to perform better (despite its 2 year shorter duration).
如果这种交流是成功的,折扣债券会吸引更多的机构买家和表现得更好(尽管它短时间2年)。