Student Solutions Manual For Ewen's Elementary Technical Mathematics, 12th
12th Edition
ISBN: 9781337630603
Author: Dale Ewen
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 13.1, Problem 8E
Refer to right triangle ABC in Illustration 1 for Exercise 1-10:
ILLUSTRATION 1
The angle opposite side c is
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Several markets (Japan, Switzerland) introduced negative interest rates on their money market.
In this problem, we will consider an annual interest rate r < 0. We consider a stock modeled
by an N-period CRR model where each period is 1 year (At = 1) and the up and down factors
are u and d.
(a) We consider an American put option with strike price K and expiration T. Prove that if
<0, the optimal strategy is to wait until expiration T to exercise.
We consider an N-period CRR model where each period is 1 year (At = 1), the up factor is
u = 0.1, the down factor is d = e−0.3 and r = 0. We remind you that in the CRR model, the
stock price at time tn is modeled (under P) by
Sta
=
So exp (μtn + σ√AtZn),
where (Zn) is a simple symmetric random walk.
(a) Find the parameters μ and σ for the CRR model described above.
(b) Find P
Ste
So
55/50
€ > 1).
StN
(c) Find lim P
804-N
(d) Determine q. (You can use e- 1 x.)
Ste
(e) Find Q
So
(f) Find lim Q
004-N
StN
So
In this problem, we consider a 3-period stock market model with evolution given in Fig. 1 below.
Each period corresponds to one year. The interest rate is r = 0%.
16
22
28
12
16
12
8
4
2
time
Figure 1: Stock evolution for Problem 1.
(a) A colleague notices that in the model above, a movement up-down leads to the same value
as a movement down-up. He concludes that the model is a CRR model. Is your colleague
correct? (Explain your answer.)
(b) We consider a European put with strike price K = 10 and expiration T = 3 years. Find
the price of this option at time 0. Provide the replicating portfolio for the first period.
(c) In addition to the call above, we also consider a European call with strike price K = 10
and expiration T = 3 years. Which one has the highest price? (It is not necessary to
provide the price of the call.)
(d) We now assume a yearly interest rate r = 25%. We consider a Bermudan put option with
strike price K = 10. It works like a standard put, but you can exercise it…
Chapter 13 Solutions
Student Solutions Manual For Ewen's Elementary Technical Mathematics, 12th
Ch. 13.1 - Refer to right triangle ABC in Illustration 1 for...Ch. 13.1 - Refer to right triangle ABC in Illustration 1 for...Ch. 13.1 - Refer to right triangle ABC in Illustration 1 for...Ch. 13.1 - Refer to right triangle ABC in Illustration 1 for...Ch. 13.1 - Prob. 5ECh. 13.1 - Refer to right triangle ABC in Illustration 1 for...Ch. 13.1 - Prob. 7ECh. 13.1 - Refer to right triangle ABC in Illustration 1 for...Ch. 13.1 - Prob. 9ECh. 13.1 - Refer to right triangle ABC in Illustration 1 for...
Ch. 13.1 - Use right triangle ABC in Illustration 1 and the...Ch. 13.1 - Use right triangle ABC in Illustration 1 and the...Ch. 13.1 - Prob. 13ECh. 13.1 - Use right triangle ABC in Illustration 1 and the...Ch. 13.1 - Prob. 15ECh. 13.1 - Use right triangle ABC in Illustration 1 and the...Ch. 13.1 - Prob. 17ECh. 13.1 - Use right triangle ABC in Illustration 1 and the...Ch. 13.1 - Use right triangle ABC in Illustration 1 and the...Ch. 13.1 - Prob. 20ECh. 13.1 - Use right triangle ABC in Illustration 1 and the...Ch. 13.1 - Use right triangle ABC in Illustration 1 and the...Ch. 13.1 - Prob. 23ECh. 13.1 - Use right triangle ABC in Illustration 1 and the...Ch. 13.1 - Use the triangle in Illustration 2 for Exercises...Ch. 13.1 - Use the triangle in Illustration 2 for Exercises...Ch. 13.1 - Prob. 27ECh. 13.1 - Use the triangle in Illustration 2 for Exercises...Ch. 13.1 - Prob. 29ECh. 13.1 - Use the triangle in Illustration 2 for Exercises...Ch. 13.1 - Prob. 31ECh. 13.1 - Find the value of each trigonometric ratio rounded...Ch. 13.1 - Prob. 33ECh. 13.1 - Find the value of each trigonometric ratio rounded...Ch. 13.1 - Find the value of each trigonometric ratio rounded...Ch. 13.1 - Find the value of each trigonometric ratio rounded...Ch. 13.1 - Prob. 37ECh. 13.1 - Find the value of each trigonometric ratio rounded...Ch. 13.1 - Find the value of each trigonometric ratio rounded...Ch. 13.1 - Find the value of each trigonometric ratio rounded...Ch. 13.1 - Prob. 41ECh. 13.1 - Find the value of each trigonometric ratio rounded...Ch. 13.1 - Prob. 43ECh. 13.1 - Prob. 44ECh. 13.1 - Find the value of each trigonometric ratio rounded...Ch. 13.1 - Prob. 46ECh. 13.1 - Prob. 47ECh. 13.1 - Prob. 48ECh. 13.1 - Find each angle rounded to the nearest tenth of a...Ch. 13.1 - Find each angle rounded to the nearest tenth of a...Ch. 13.1 - Prob. 51ECh. 13.1 - Find each angle rounded to the nearest tenth of a...Ch. 13.1 - Prob. 53ECh. 13.1 - Find each angle rounded to the nearest tenth of a...Ch. 13.1 - Prob. 55ECh. 13.1 - Find each angle rounded to the nearest tenth of a...Ch. 13.1 - Prob. 57ECh. 13.1 - Prob. 58ECh. 13.1 - Prob. 59ECh. 13.1 - Prob. 60ECh. 13.1 - Prob. 61ECh. 13.1 - Prob. 62ECh. 13.1 - Find each angle rounded to the nearest hundredth...Ch. 13.1 - Prob. 64ECh. 13.1 - Find each angle rounded to the nearest hundredth...Ch. 13.1 - Prob. 66ECh. 13.1 - Find each angle rounded to the nearest hundredth...Ch. 13.1 - Prob. 68ECh. 13.1 - Prob. 69ECh. 13.1 - Prob. 70ECh. 13.1 - Prob. 71ECh. 13.1 - Prob. 72ECh. 13.1 - Prob. 73ECh. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Prob. 5ECh. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Prob. 7ECh. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Prob. 9ECh. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Prob. 17ECh. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Prob. 19ECh. 13.2 - Using Illustration 1, find the measure of each...Ch. 13.2 - Prob. 21ECh. 13.2 - Prob. 22ECh. 13.2 - Prob. 23ECh. 13.2 - Prob. 24ECh. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Find the unknown sides of each right triangle (see...Ch. 13.3 - Prob. 11ECh. 13.3 - Prob. 12ECh. 13.3 - Prob. 13ECh. 13.3 - Prob. 14ECh. 13.3 - Prob. 15ECh. 13.3 - Prob. 16ECh. 13.3 - Prob. 17ECh. 13.3 - Prob. 18ECh. 13.3 - Prob. 19ECh. 13.3 - Prob. 20ECh. 13.3 - Prob. 21ECh. 13.3 - Prob. 22ECh. 13.3 - Prob. 23ECh. 13.3 - Prob. 24ECh. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Prob. 3ECh. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Prob. 9ECh. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Prob. 11ECh. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Prob. 13ECh. 13.4 - Prob. 14ECh. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Prob. 16ECh. 13.4 - Prob. 17ECh. 13.4 - Prob. 18ECh. 13.4 - Prob. 19ECh. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.4 - Prob. 21ECh. 13.4 - Prob. 22ECh. 13.4 - Prob. 23ECh. 13.4 - Using Illustration 1, solve each right triangle:...Ch. 13.5 - Maria is to weld a support for a 23-m conveyor so...Ch. 13.5 - A conveyor is used to lift paper to a shredder....Ch. 13.5 - A bullet is found embedded in the wall of a room...Ch. 13.5 - The recommended safety angle of a ladder against a...Ch. 13.5 - A piece of conduit 38.0 ft long is placed across...Ch. 13.5 - Find the width of the river in Illustration 4....Ch. 13.5 - Prob. 7ECh. 13.5 - A smokestack is 180 ft high. A guy wire must be...Ch. 13.5 - A railroad track has an angle of elevation of 1.0....Ch. 13.5 - Prob. 10ECh. 13.5 - Enrico has to draft a triangular roof to a house....Ch. 13.5 - A small plane takes off from an airport and begins...Ch. 13.5 - A gauge is used to check the diameter of a crank-...Ch. 13.5 - Round metal duct runs alongside some stairs from...Ch. 13.5 - The cables attached to a TV relay tower are 110 m...Ch. 13.5 - Prob. 16ECh. 13.5 - Prob. 17ECh. 13.5 - A right circular conical tank with its point down...Ch. 13.5 - Use the right triangle in Illustration 13: a. Find...Ch. 13.5 - Prob. 20ECh. 13.5 - Twelve equally spaced holes must be drilled on a...Ch. 13.5 - Dimension x in the dovetail shown in Illustration...Ch. 13.5 - Find angle of the taper in Illustration 17....Ch. 13.5 - You need to use a metal screw with a head angle of...Ch. 13.5 - Prob. 25ECh. 13.5 - Prob. 26ECh. 13.5 - Find length x and angle A in Illustration 21....Ch. 13.5 - From the base of a building, measure out a...Ch. 13.5 - A mechanical draftsperson needs to find the...Ch. 13.5 - Prob. 30ECh. 13.5 - Prob. 31ECh. 13.5 - Prob. 32ECh. 13.5 - Solar heating and electric panels should face the...Ch. 13.5 - A lean-to is a simple shelter with three walls, a...Ch. 13 - For Exercises 1-7, see Illustration 1....Ch. 13 - For Exercises 1-7, see Illustration 1....Ch. 13 - Prob. 3RCh. 13 - For Exercises 1-7, see Illustration 1....Ch. 13 - Prob. 5RCh. 13 - Prob. 6RCh. 13 - Prob. 7RCh. 13 - Find the value of each trigonometric ratio rounded...Ch. 13 - Find the value of each trigonometric ratio rounded...Ch. 13 - Find the value of each trigonometric ratio rounded...Ch. 13 - Find each angle rounded to the nearest tenth of a...Ch. 13 - Find each angle rounded to the nearest tenth of a...Ch. 13 - Find each angle rounded to the nearest tenth of a...Ch. 13 - Find angle A in Illustration 2. ILLUSTRATION 2Ch. 13 - Find angle B in Illustration 2. ILLUSTRATION 2Ch. 13 - Find side b in Illustration3. ILLUSTRATION 3Ch. 13 - Prob. 17RCh. 13 - Prob. 18RCh. 13 - Solve each right triangle:Ch. 13 - Prob. 20RCh. 13 - A satellite is directly overhead one observer...Ch. 13 - A ranger at the top of a fire tower observes the...Ch. 13 - Find the angle of slope of the symmetrical roof in...Ch. 13 - Find the value of each trigonometric ratio rounded...Ch. 13 - Find the value of each trigonometric ratio rounded...Ch. 13 - Find the value of each trigonometric ratio rounded...Ch. 13 - Find each angle rounded to the nearest tenth of a...Ch. 13 - Find each angle rounded to the nearest tenth of a...Ch. 13 - Find each angle rounded to the nearest tenth of a...Ch. 13 - Find angle B Illustration 1. ILLUSTRATION 1Ch. 13 - Find side a Illustration 1. ILLUSTRATION 1Ch. 13 - Find side c Illustration 1. ILLUSTRATION 1Ch. 13 - Find angle A Illustration 2. ILLUSTRATION 2Ch. 13 - Find angle B Illustration 2. ILLUSTRATION 2Ch. 13 - Find side b Illustration 2. ILLUSTRATION 2Ch. 13 - A tower 50.0 ft high has a guy wire that is...Ch. 13 - Find length x in the retaining wall in...Ch. 13 - Find angle A in the retaining wall in Illustration...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- In this problem, we consider a 2-period stock market model with evolution given in Fig. 1 below. Each period corresponds to one year (At = 1). The yearly interest rate is r = 1/3 = 33%. This model is a CRR model. 25 15 9 10 6 4 time Figure 1: Stock evolution for Problem 1. (a) Find the values of up and down factors u and d, and the risk-neutral probability q. (b) We consider a European put with strike price K the price of this option at time 0. == 16 and expiration T = 2 years. Find (c) Provide the number of shares of stock that the replicating portfolio contains at each pos- sible position. (d) You find this option available on the market for $2. What do you do? (Short answer.) (e) We consider an American put with strike price K = 16 and expiration T = 2 years. Find the price of this option at time 0 and describe the optimal exercising strategy. (f) We consider an American call with strike price K ○ = 16 and expiration T = 2 years. Find the price of this option at time 0 and describe…arrow_forwardNo chatgpt pls will upvote Alreadyarrow_forwardFind the LaPla se trnsofrom of a) chi-square Distribution. b) Normal Distribution. C) Gamma Distribution. prove that Binomial (n, 2) Poisson (2) *********************arrow_forward
- 2.2, 13.2-13.3) question: 5 point(s) possible ubmit test The accompanying table contains the data for the amounts (in oz) in cans of a certain soda. The cans are labeled to indicate that the contents are 20 oz of soda. Use the sign test and 0.05 significance level to test the claim that cans of this soda are filled so that the median amount is 20 oz. If the median is not 20 oz, are consumers being cheated? Click the icon to view the data. What are the null and alternative hypotheses? OA. Ho: Medi More Info H₁: Medi OC. Ho: Medi H₁: Medi Volume (in ounces) 20.3 20.1 20.4 Find the test stat 20.1 20.5 20.1 20.1 19.9 20.1 Test statistic = 20.2 20.3 20.3 20.1 20.4 20.5 Find the P-value 19.7 20.2 20.4 20.1 20.2 20.2 P-value= (R 19.9 20.1 20.5 20.4 20.1 20.4 Determine the p 20.1 20.3 20.4 20.2 20.3 20.4 Since the P-valu 19.9 20.2 19.9 Print Done 20 oz 20 oz 20 oz 20 oz ce that the consumers are being cheated.arrow_forwardT Teenage obesity (O), and weekly fast-food meals (F), among some selected Mississippi teenagers are: Name Obesity (lbs) # of Fast-foods per week Josh 185 10 Karl 172 8 Terry 168 9 Kamie Andy 204 154 12 6 (a) Compute the variance of Obesity, s²o, and the variance of fast-food meals, s², of this data. [Must show full work]. (b) Compute the Correlation Coefficient between O and F. [Must show full work]. (c) Find the Coefficient of Determination between O and F. [Must show full work]. (d) Obtain the Regression equation of this data. [Must show full work]. (e) Interpret your answers in (b), (c), and (d). (Full explanations required). Edit View Insert Format Tools Tablearrow_forwardH.w WI M Wz dy A Sindax Sind ①dlmax У тах at 0.75m from A W=6KN/M L=2 W2 = 9 KN/m P= 10 KN Barrow_forward
- No chatgpt pls will upvotearrow_forwardQ4*) Find the extremals y, z of the the functional 1 = √² (2yz — 2z² + y² — z¹²) dx, - - with y(0) = 0, y(1) = 1, z(0) = 0, z(1) = 0.arrow_forwardlet h0, h1, h2,..., hn,....be the sequence defined by hn = (n C 2), (n choose 2). (n>=0). Determine the generating function for the sequence.arrow_forward
- Draw the triangle and show all the workarrow_forwardThe average miles per gallon for a sample of 40 cars of model SX last year was 32.1, with a population standard deviation of 3.8. A sample of 40 cars from this year’s model SX has an average of 35.2 mpg, with a population standard deviation of 5.4. Find a 99 percent confidence interval for the difference in average mpg for this car brand (this year’s model minus last year’s).Find a 99 percent confidence interval for the difference in average mpg for last year’s model minus this year’s. What does the negative difference mean?arrow_forwardA special interest group reports a tiny margin of error (plus or minus 0.04 percent) for its online survey based on 50,000 responses. Is the margin of error legitimate? (Assume that the group’s math is correct.)arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Mathematics For Machine TechnologyAdvanced MathISBN:9781337798310Author:Peterson, John.Publisher:Cengage Learning,
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Trigonometry (MindTap Course List)TrigonometryISBN:9781305652224Author:Charles P. McKeague, Mark D. TurnerPublisher:Cengage Learning
Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell
Elementary Geometry For College Students, 7eGeometryISBN:9781337614085Author:Alexander, Daniel C.; Koeberlein, Geralyn M.Publisher:Cengage,
Mathematics For Machine Technology
Advanced Math
ISBN:9781337798310
Author:Peterson, John.
Publisher:Cengage Learning,
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Trigonometry (MindTap Course List)
Trigonometry
ISBN:9781305652224
Author:Charles P. McKeague, Mark D. Turner
Publisher:Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
Algebra: Structure And Method, Book 1
Algebra
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:McDougal Littell
Elementary Geometry For College Students, 7e
Geometry
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Cengage,
Points, Lines, Planes, Segments, & Rays - Collinear vs Coplanar Points - Geometry; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=dDWjhRfBsKM;License: Standard YouTube License, CC-BY
Naming Points, Lines, and Planes; Author: Florida PASS Program;https://www.youtube.com/watch?v=F-LxiLSSaLg;License: Standard YouTube License, CC-BY