Mathematical Excursions (MindTap Course List)
4th Edition
ISBN: 9781305965584
Author: Richard N. Aufmann, Joanne Lockwood, Richard D. Nation, Daniel K. Clegg
Publisher: Cengage Learning
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Chapter 10.1, Problem 54ES
To determine
To calculate:
find the value of 'a'.
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Students have asked these similar questions
b) Solve the following linear program using the 2-phase simplex algorithm. You should give
the initial tableau, and each further tableau produced during the execution of the
algorithm. If the program has an optimal solution, give this solution and state its
objective value. If it does not have an optimal solution, say why.
maximize ₁ - 2x2+x34x4
subject to 2x1+x22x3x41,
5x1 + x2-x3-×4 ≤ −1,
2x1+x2-x3-34
2,
1, 2, 3, 40.
9. An elementary single period market model contains a risk-free asset with interest rate
r = 5% and a risky asset S which has price 30 at time t = 0 and will have either price
10 or 60 at time t = 1. Find a replicating strategy for a contingent claim with payoff
h(S₁) = max(20 - S₁, 0) + max(S₁ — 50, 0).
Total [8 Marks]
8. An elementary single period market model has a risky asset with price So = 20 at the
beginning and a money market account with interest rate r = 0.04 compounded only
once at the end of the investment period.
=
=
In market model A, S₁ 10 with 15% probability and S₁
21 with 85% probability.
In market model B, S₁ = 25 with 10% probability and S₁ = 30 with 90% probability.
For each market model A, B, determine if the model is arbitrage-free. If not, construct
an arbitrage.
Total [9 Marks]
Chapter 10 Solutions
Mathematical Excursions (MindTap Course List)
Ch. 10.1 - Prob. 1EECh. 10.1 - Prob. 2EECh. 10.1 - Prob. 3EECh. 10.1 - Prob. 4EECh. 10.1 - Prob. 5EECh. 10.1 - Prob. 1ESCh. 10.1 - Prob. 2ESCh. 10.1 - Draw a line through all points with an...Ch. 10.1 - Draw a line through all points with an...Ch. 10.1 - Draw a line through all points with a y-coordinate...
Ch. 10.1 - Prob. 6ESCh. 10.1 - Graph the ordered-pair solutions of y=x2 when...Ch. 10.1 - Prob. 8ESCh. 10.1 - Prob. 9ESCh. 10.1 - Prob. 10ESCh. 10.1 - Graph the ordered-pair solutions of y=x32 when...Ch. 10.1 - Prob. 12ESCh. 10.1 - In Exercises 13 to 20, graph each equation. y=2x1Ch. 10.1 - Prob. 14ESCh. 10.1 - In Exercises 13 to 20, graph each equation....Ch. 10.1 - Prob. 16ESCh. 10.1 - Prob. 17ESCh. 10.1 - Prob. 18ESCh. 10.1 - Prob. 19ESCh. 10.1 - Prob. 20ESCh. 10.1 - Prob. 21ESCh. 10.1 - Prob. 22ESCh. 10.1 - Evaluate the function for the given value....Ch. 10.1 - Prob. 24ESCh. 10.1 - Prob. 25ESCh. 10.1 - Prob. 26ESCh. 10.1 - Prob. 27ESCh. 10.1 - Prob. 28ESCh. 10.1 - Sports The height h, in feet, of a ball that is...Ch. 10.1 - Prob. 30ESCh. 10.1 - Sound The speed s, in feet per second, of sound in...Ch. 10.1 - Prob. 32ESCh. 10.1 - Pendulums The time T in seconds, it takes a...Ch. 10.1 - Prob. 34ESCh. 10.1 - Prob. 35ESCh. 10.1 - Prob. 36ESCh. 10.1 - Prob. 37ESCh. 10.1 - Prob. 38ESCh. 10.1 - Prob. 39ESCh. 10.1 - Prob. 40ESCh. 10.1 - Graph the function. F(x)=12x+3Ch. 10.1 - Prob. 42ESCh. 10.1 - Graph the function. f(x)=x21Ch. 10.1 - Prob. 44ESCh. 10.1 - Graph the function. f(x)=x2+4Ch. 10.1 - Prob. 46ESCh. 10.1 - Prob. 47ESCh. 10.1 - Prob. 48ESCh. 10.1 - Prob. 49ESCh. 10.1 - Prob. 50ESCh. 10.1 - Prob. 51ESCh. 10.1 - Prob. 52ESCh. 10.1 - Prob. 53ESCh. 10.1 - Prob. 54ESCh. 10.1 - Prob. 55ESCh. 10.1 - Prob. 56ESCh. 10.2 - The graph at the left represents a car traveling...Ch. 10.2 - Prob. 2EECh. 10.2 - Prob. 3EECh. 10.2 - Prob. 4EECh. 10.2 - Prob. 5EECh. 10.2 - Prob. 6EECh. 10.2 - Prob. 7EECh. 10.2 - Prob. 8EECh. 10.2 - Prob. 9EECh. 10.2 - Prob. 10EECh. 10.2 - Prob. 11EECh. 10.2 - Prob. 1ESCh. 10.2 - Prob. 2ESCh. 10.2 - Prob. 3ESCh. 10.2 - Prob. 4ESCh. 10.2 - Find the x- and y-intercepts of thegraph of the...Ch. 10.2 - Prob. 6ESCh. 10.2 - Find the x- and y-intercepts of thegraph of the...Ch. 10.2 - Prob. 8ESCh. 10.2 - Prob. 9ESCh. 10.2 - Prob. 10ESCh. 10.2 - Prob. 11ESCh. 10.2 - Prob. 12ESCh. 10.2 - Prob. 13ESCh. 10.2 - Prob. 14ESCh. 10.2 - Prob. 15ESCh. 10.2 - Travel An approximate linear model that gives the...Ch. 10.2 - Refrigeration The temperature of an object taken...Ch. 10.2 - Retirement Account A retired biologist begins...Ch. 10.2 - Prob. 19ESCh. 10.2 - Prob. 20ESCh. 10.2 - Find the slope of the line containing the two...Ch. 10.2 - Prob. 22ESCh. 10.2 - Find the slope of the line containing the two...Ch. 10.2 - Prob. 24ESCh. 10.2 - Prob. 25ESCh. 10.2 - Prob. 26ESCh. 10.2 - Find the slope of the line containing the two...Ch. 10.2 - Prob. 28ESCh. 10.2 - Prob. 29ESCh. 10.2 - Prob. 30ESCh. 10.2 - Find the slope of the line containing the two...Ch. 10.2 - Prob. 32ESCh. 10.2 - Prob. 33ESCh. 10.2 - Prob. 34ESCh. 10.2 - Travel The graph below shows the relationship...Ch. 10.2 - Depreciation The graph below shows the...Ch. 10.2 - Prob. 37ESCh. 10.2 - Prob. 38ESCh. 10.2 - Panama Canal Ships in the Panama Canal are lowered...Ch. 10.2 - Prob. 40ESCh. 10.2 - Graph the line that passes through the point (2,3)...Ch. 10.2 - Prob. 42ESCh. 10.2 - Graph the line that passes through the point (2,...Ch. 10.2 - Prob. 44ESCh. 10.2 - Graph using the slope and y-intercept. f(x)=23x3Ch. 10.2 - Prob. 46ESCh. 10.2 - Graph using the slope and y-intercept. f(x)=34xCh. 10.2 - Prob. 48ESCh. 10.2 - Graph using the slope and y-intercept. f(x)=32x+6Ch. 10.2 - Prob. 50ESCh. 10.2 - Prob. 51ESCh. 10.2 - Prob. 52ESCh. 10.2 - Prob. 53ESCh. 10.2 - Prob. 54ESCh. 10.2 - Prob. 55ESCh. 10.2 - Prob. 56ESCh. 10.2 - Prob. 57ESCh. 10.2 - Construction When you climb a staircase, the flat...Ch. 10.3 - Write a linear function for the total cost C to...Ch. 10.3 - Write a linear function for the total revenue R...Ch. 10.3 - How many cartridges must the business restore and...Ch. 10.3 - Prob. 4EECh. 10.3 - Suppose the entrepreneurs are successful in their...Ch. 10.3 - Prob. 6EECh. 10.3 - Prob. 7EECh. 10.3 - Find the equation of the line that passes through...Ch. 10.3 - Prob. 2ESCh. 10.3 - Find the equation of the line that passes through...Ch. 10.3 - Prob. 4ESCh. 10.3 - Find the equation of the line that passes through...Ch. 10.3 - Prob. 6ESCh. 10.3 - Find the equation of the line that passes through...Ch. 10.3 - Prob. 8ESCh. 10.3 - Find the equation of the line that passes through...Ch. 10.3 - Prob. 10ESCh. 10.3 - Find the equation of the line that passes through...Ch. 10.3 - Prob. 12ESCh. 10.3 - Find the equation of the line that passes through...Ch. 10.3 - Prob. 14ESCh. 10.3 - Find the equation of the line that passes through...Ch. 10.3 - Prob. 16ESCh. 10.3 - Prob. 17ESCh. 10.3 - Prob. 18ESCh. 10.3 - Construction A general building contractor...Ch. 10.3 - Compensation An account executive receives a base...Ch. 10.3 - Car Sales A manufacturer of economy cars has...Ch. 10.3 - Calculator Sales A manufacturer of graphing...Ch. 10.3 - Test Scores The data in the table below show five...Ch. 10.3 - Prob. 24ESCh. 10.3 - Sports The data in the (able below show the amount...Ch. 10.3 - Prob. 26ESCh. 10.3 - Meteorology A meteorologist studied the maximum...Ch. 10.3 - Zoology A zoologist studied the running speeds of...Ch. 10.3 - Prob. 29ESCh. 10.3 - Prob. 30ESCh. 10.3 - Prob. 31ESCh. 10.3 - Prob. 32ESCh. 10.3 - Prob. 33ESCh. 10.3 - Prob. 34ESCh. 10.3 - Prob. 35ESCh. 10.4 - Find the coordinates of the focus for the parabola...Ch. 10.4 - Prob. 2EECh. 10.4 - Find a flashlight and measure the diameter of its...Ch. 10.4 - Find the vertex of the graph of the equation....Ch. 10.4 - Prob. 2ESCh. 10.4 - Prob. 3ESCh. 10.4 - Prob. 4ESCh. 10.4 - Prob. 5ESCh. 10.4 - Prob. 6ESCh. 10.4 - Find the vertex of the graph of the equation....Ch. 10.4 - Prob. 8ESCh. 10.4 - Find the vertex of the graph of the equation....Ch. 10.4 - Prob. 10ESCh. 10.4 - Find the vertex of the graph of the equation....Ch. 10.4 - Prob. 12ESCh. 10.4 - Prob. 13ESCh. 10.4 - Prob. 14ESCh. 10.4 - Prob. 15ESCh. 10.4 - Prob. 16ESCh. 10.4 - Prob. 17ESCh. 10.4 - Prob. 18ESCh. 10.4 - Find the x-intercepts of the parabola given by the...Ch. 10.4 - Prob. 20ESCh. 10.4 - Prob. 21ESCh. 10.4 - Prob. 22ESCh. 10.4 - Prob. 23ESCh. 10.4 - Prob. 24ESCh. 10.4 - Prob. 25ESCh. 10.4 - Prob. 26ESCh. 10.4 - Prob. 27ESCh. 10.4 - Prob. 28ESCh. 10.4 - Prob. 29ESCh. 10.4 - Prob. 30ESCh. 10.4 - Prob. 31ESCh. 10.4 - Prob. 32ESCh. 10.4 - The graph of which of the following equations is a...Ch. 10.4 - Sports The height s, in feet, of a ball thrown...Ch. 10.4 - Prob. 35ESCh. 10.4 - Prob. 36ESCh. 10.4 - Prob. 37ESCh. 10.4 - Water Treatment A pool is treated with a chemical...Ch. 10.4 - Civil Engineering The suspension cable that...Ch. 10.4 - Prob. 40ESCh. 10.4 - Pitching Karen is throwing an orange to her...Ch. 10.4 - Prob. 42ESCh. 10.4 - Prob. 43ESCh. 10.4 - Stopping Distance On wet concrete, the stopping...Ch. 10.4 - Prob. 45ESCh. 10.4 - Prob. 46ESCh. 10.4 - To prepare astronauts for the experience of zero...Ch. 10.5 - Prob. 1EECh. 10.5 - Prob. 2EECh. 10.5 - If all 64 squares of the chessboard are piled with...Ch. 10.5 - Prob. 4EECh. 10.5 - Prob. 5EECh. 10.5 - Prob. 1ESCh. 10.5 - Prob. 2ESCh. 10.5 - Prob. 3ESCh. 10.5 - Prob. 4ESCh. 10.5 - Prob. 5ESCh. 10.5 - Prob. 6ESCh. 10.5 - Prob. 7ESCh. 10.5 - Given f(x)=e2x, evaluate the following. Roundto...Ch. 10.5 - Prob. 9ESCh. 10.5 - Prob. 10ESCh. 10.5 - Prob. 11ESCh. 10.5 - Prob. 12ESCh. 10.5 - Prob. 13ESCh. 10.5 - Prob. 14ESCh. 10.5 - Prob. 15ESCh. 10.5 - Prob. 16ESCh. 10.5 - Prob. 17ESCh. 10.5 - Prob. 18ESCh. 10.5 - Prob. 19ESCh. 10.5 - Prob. 20ESCh. 10.5 - Prob. 21ESCh. 10.5 - Prob. 22ESCh. 10.5 - Prob. 23ESCh. 10.5 - Prob. 24ESCh. 10.5 - Investments Use the compound interest formula...Ch. 10.5 - Prob. 26ESCh. 10.5 - Prob. 27ESCh. 10.5 - Isotopes An isotope of technetium is used to...Ch. 10.5 - Isotopes lodine- 131 is an isotope that is used...Ch. 10.5 - Prob. 30ESCh. 10.5 - Music The concert A note on a piano is the firstA...Ch. 10.5 - Prob. 32ESCh. 10.5 - Prob. 33ESCh. 10.6 - Prob. 1EECh. 10.6 - Prob. 2EECh. 10.6 - Prob. 3EECh. 10.6 - Prob. 4EECh. 10.6 - Prob. 5EECh. 10.6 - Prob. 1ESCh. 10.6 - Prob. 2ESCh. 10.6 - Write the exponential equation in logarithmic...Ch. 10.6 - Prob. 4ESCh. 10.6 - Prob. 5ESCh. 10.6 - Prob. 6ESCh. 10.6 - Prob. 7ESCh. 10.6 - Prob. 8ESCh. 10.6 - Prob. 9ESCh. 10.6 - Prob. 10ESCh. 10.6 - Prob. 11ESCh. 10.6 - Prob. 12ESCh. 10.6 - Prob. 13ESCh. 10.6 - Prob. 14ESCh. 10.6 - Prob. 15ESCh. 10.6 - Prob. 16ESCh. 10.6 - Prob. 17ESCh. 10.6 - Prob. 18ESCh. 10.6 - Evaluate the logarithm. log100Ch. 10.6 - Prob. 20ESCh. 10.6 - Prob. 21ESCh. 10.6 - Prob. 22ESCh. 10.6 - Prob. 23ESCh. 10.6 - Prob. 24ESCh. 10.6 - Prob. 25ESCh. 10.6 - Prob. 26ESCh. 10.6 - Prob. 27ESCh. 10.6 - Solve the equation for x. log8x=2Ch. 10.6 - Prob. 29ESCh. 10.6 - Prob. 30ESCh. 10.6 - Prob. 31ESCh. 10.6 - Prob. 32ESCh. 10.6 - Prob. 33ESCh. 10.6 - Prob. 34ESCh. 10.6 - Prob. 35ESCh. 10.6 - Prob. 36ESCh. 10.6 - Prob. 37ESCh. 10.6 - Prob. 38ESCh. 10.6 - Prob. 39ESCh. 10.6 - Prob. 40ESCh. 10.6 - Prob. 41ESCh. 10.6 - Prob. 42ESCh. 10.6 - Prob. 43ESCh. 10.6 - Prob. 44ESCh. 10.6 - Prob. 45ESCh. 10.6 - Prob. 46ESCh. 10.6 - Light The percent of light that will pass through...Ch. 10.6 - Light The percent of light that will pass through...Ch. 10.6 - Sound The number of decibels, D, of a sound can be...Ch. 10.6 - Prob. 50ESCh. 10.6 - Prob. 51ESCh. 10.6 - Prob. 52ESCh. 10.6 - Prob. 53ESCh. 10.6 - Prob. 54ESCh. 10.6 - Prob. 55ESCh. 10.6 - Earthquakes. Use the Richter scale equation...Ch. 10.6 - Prob. 57ESCh. 10.6 - Prob. 58ESCh. 10.6 - Prob. 59ESCh. 10.6 - Prob. 60ESCh. 10.6 - Prob. 61ESCh. 10.6 - Prob. 62ESCh. 10.6 - Prob. 63ESCh. 10.6 - Prob. 64ESCh. 10.6 - Prob. 65ESCh. 10 - Draw a line through all points with an...Ch. 10 - Draw a line through all points with y-coordinate...Ch. 10 - Prob. 3RECh. 10 - Prob. 4RECh. 10 - Prob. 5RECh. 10 - Prob. 6RECh. 10 - Prob. 7RECh. 10 - Prob. 8RECh. 10 - Prob. 9RECh. 10 - Prob. 10RECh. 10 - Prob. 11RECh. 10 - Prob. 12RECh. 10 - Prob. 13RECh. 10 - Prob. 14RECh. 10 - Prob. 15RECh. 10 - Prob. 16RECh. 10 - Prob. 17RECh. 10 - Prob. 18RECh. 10 - Prob. 19RECh. 10 - Prob. 20RECh. 10 - Prob. 21RECh. 10 - Prob. 22RECh. 10 - Prob. 23RECh. 10 - Prob. 24RECh. 10 - Prob. 25RECh. 10 - Mixtures The percent concentration P of sugar in a...Ch. 10 - Prob. 27RECh. 10 - Prob. 28RECh. 10 - Prob. 29RECh. 10 - Prob. 30RECh. 10 - Prob. 31RECh. 10 - Prob. 32RECh. 10 - Find the slope of the line containing the given...Ch. 10 - Prob. 34RECh. 10 - Prob. 35RECh. 10 - Fuel Consumption The graph below shows how the...Ch. 10 - Prob. 37RECh. 10 - Prob. 38RECh. 10 - Prob. 39RECh. 10 - Prob. 40RECh. 10 - Prob. 41RECh. 10 - Prob. 42RECh. 10 - Prob. 43RECh. 10 - Prob. 44RECh. 10 - Gasoline Sales The manager of Valley Gas Mart has...Ch. 10 - Prob. 46RECh. 10 - Prob. 47RECh. 10 - Prob. 48RECh. 10 - Prob. 49RECh. 10 - Prob. 50RECh. 10 - Prob. 51RECh. 10 - Prob. 52RECh. 10 - Prob. 53RECh. 10 - Prob. 54RECh. 10 - Find the minimum or maximum value of the quadratic...Ch. 10 - Prob. 56RECh. 10 - Prob. 57RECh. 10 - Prob. 58RECh. 10 - Prob. 59RECh. 10 - Prob. 60RECh. 10 - Isotopes An isotope of technetium has a half-life...Ch. 10 - Prob. 62RECh. 10 - Golf A golf ball is dropped from a height of 6 ft....Ch. 10 - Evaluate the logarithm. log3243Ch. 10 - Prob. 65RECh. 10 - Prob. 66RECh. 10 - Prob. 67RECh. 10 - Prob. 68RECh. 10 - Prob. 69RECh. 10 - Prob. 70RECh. 10 - Prob. 71RECh. 10 - Prob. 72RECh. 10 - Sound The number of decibels, D, of a sound can be...Ch. 10 - Prob. 1TCh. 10 - Prob. 2TCh. 10 - Prob. 3TCh. 10 - Prob. 4TCh. 10 - Prob. 5TCh. 10 - Prob. 6TCh. 10 - Prob. 7TCh. 10 - Prob. 8TCh. 10 - Prob. 9TCh. 10 - Prob. 10TCh. 10 - Prob. 11TCh. 10 - Prob. 12TCh. 10 - Prob. 13TCh. 10 - Prob. 14TCh. 10 - Sports The height h. in feet, of a ball that is...Ch. 10 - Prob. 16TCh. 10 - Prob. 17TCh. 10 - Prob. 18TCh. 10 - A traffic engineer gathered data on the number of...Ch. 10 - Prob. 20T
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