Finite Mathematics (11th Edition)
11th Edition
ISBN: 9780321979438
Author: Margaret L. Lial, Raymond N. Greenwell, Nathan P. Ritchey
Publisher: PEARSON
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Chapter 4, Problem 41RE
To determine
Solve the maximization problem for the production problem in Exercise 37.
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The purpose of this problem is to solve the Black-Scholes PDE with analytical techniques,
which will lead us back to the Black-Scholes formula. The technique is very similar to the
one used with the Feynman-Kac formula back in MATH 467.
Let's consider the PDE given by
with terminal condition f(T,x)
af
+
Ət
1
02
ર
.2მ2 f
af
მ2
+rx
მე
- rf = 0,
=
(x-K)+. The solution f(t, x) corresponds to the price
of a call option (given the initial condition) at time t if the stock price is x.
(a) The first two things that prevent us from solving this PDE directly are
(i) the fact that we have a terminal condition, instead of an initial condition;
(ii) the terms in front of the derivatives are not constant.
To address these, we use the transformation g(t, x) = ƒ(T − t,e³), equivalent to
f(t, x) = g(T-t, log(x)). Under this condition, determine the PDE and the initial
condition satisfied by g.
(b) Now, the PDE obtained in (a) should have an initial condition and constant coeffi-
cients, but it still…
٣:٥٣
النموذج الاول
. . .
O O O
بشما ند الحمر الحمر
الجمهورية الجنية
وزارة التربية والتعليم
اليوم
التاريخ
اللجنة العليا للاختبارات
الزمن
اختبار مادة الجبر والهندسة
لجنة المطابع السرية المركزية
للشهادة الثانوية العامة (القسم العلمي)
الفترة
%97
(1)
ظلل في ورقة الإجابة الدائرة التي تحتوي على الحرف ( ص ) للإجابة الصحيحة والحرف ( خ ) للإجابة الخطأ بحسب رقم الفقرة لكل مما يأتي ( درجة لكل فقرة )
)1
)
2
)
3
)
4
) بؤرة القطع س" = ١٢ ص هي (
۲
) طول المحور الأصغر للقطع ٩ س + ص = ٩ يساوي 6 وحدات طول .
) إذا كان & عدد مركب ، 181 + 11 = ٦ ، فإن ١١ = ٣ .
) إذا كان م + ۳ ت = ۲ + ت ب م ، ب دع ، فإن م + ب =
5 ( ) إذا كان & = ۱ + ٣ ت ، فإن ٠ = ١٠ .
6 ( - ) إذا كان ٥٠ - ٣ - ١٢٠ ٤ - ٣ ، فإن قيمة ٧ = ٥ .
1
)
=
N
) إذا كان ح هو الحد الخالي من س في المفكوك ( س +
v. N
8 ( ( قيمة المقدار , = + ۱ ، * . . +
، فإن قيمة ٧ = ١٦ .
۱ +
9 ( ) المستقيمان المقاربان للقطع الذي معادلته س" = ١ هما ص = :
۹
10 ( ) إذا كان ٥ + س = ٢٤ ، فإن قيمة س = - 1
س
11 ( ) إذا كانت النسبة بين الحدين الأوسطين تساوي 9 في المفكوك ( س + - ) ،…
الاسم
يمنع استخدام الآلة الحاسبة
ظلل في ورقة الإجابة الدائرة التي تحتوي على الحرف (ص) للإجابة الصحيحة والحرف (خ) للإجابة الخطأ بحسب رقم الفقرة لكل مما يأتي:
درجة لكل فقرة.
( ) نها جا
元
جتا
= صفر
س ۱
س
س -۱
( ) يمكن إعادة تعريف الدالة د(س) = س قاس لكي تكون متصلة عند س = 7
( ) إذا كانت د(س) = (٢) س - س ) ؛ فإن د(١) = ٦
٢ س ص ( ) إذا كانت س +
0=
؛ فإن عند ) - ١ ، - ٦ ) تساوي (٦)
( ) إذا كانت د(س) = س ه ، و (س) = ٣ س ٢ + ٢ س ؛ فإن ( د ) (۱) = ۸
) ( معادلة ناظم الدالة ص = د(س) عند النقطة ) ( ، د (۲)) هي ص - (د (م) - - د (۲) ( س - م )
( ) إذا كانت ص = ظتا٢ س ؛ فإن ص = ٢ ص قتا ٢س
) ( إذا كانت د(س) = س ؛ فإن د (T) =
جتاس
1-
T
( ) إذا كانت د(س) = 1 - جناس
جاس
؛ فإن د () = - 1
( ) إذا كانت الدالة د (س) تحقق شروط مبرهنة القيمة المتوسطة على [ ، ب ] ، فإنه يوجد جـ ] ، ب [ بحيث (جـ) =
(P) + (~)- -
ب + P
1
2
3
4
5
6
7
8
9
10
11
( ) للدالة د(س) = لو ( س ) + (٣) نقطة حرجة عند س = .
( ) إذا كان س = - ٢ مقارباً رأسياً للدالة د(س)
12
10 13
14
15
16
17
س = لو|س | + ث
-
=
۲ س + ٣
ب س + ٤ ، فإن معادلة…
Chapter 4 Solutions
Finite Mathematics (11th Edition)
Ch. 4.1 - Convert each inequality into an equation by adding...Ch. 4.1 - Prob. 2ECh. 4.1 - Convert each inequality into an equation by adding...Ch. 4.1 - Prob. 4ECh. 4.1 - For Exercises 5-8. (a) determine the number of...Ch. 4.1 - Prob. 6ECh. 4.1 - For Exercises 5-8, (a) determine the number of...Ch. 4.1 - For Exercises 5-8, (a) determine the number of...Ch. 4.1 -
Introduce slack variables as necessary, then...Ch. 4.1 - Introduce slack variables as necessary, then write...
Ch. 4.1 - Introduce slack variables as necessary, then write...Ch. 4.1 - Introduce slack variables as necessary, then write...Ch. 4.1 - Prob. 13ECh. 4.1 - Introduce slack variables as necessary, then write...Ch. 4.1 -
Write the solutions that can be read from each...Ch. 4.1 - Write the solutions that can be read from each...Ch. 4.1 - Prob. 17ECh. 4.1 - Prob. 18ECh. 4.1 - Pivot once as indicated in each simplex tableau....Ch. 4.1 - Pivot once as indicated in each simplex tableau....Ch. 4.1 - Prob. 21ECh. 4.1 - Prob. 22ECh. 4.1 - Prob. 23ECh. 4.1 - Prob. 24ECh. 4.1 - Explain the purpose of a slack variable.Ch. 4.1 - Prob. 26ECh. 4.1 - Prob. 27ECh. 4.1 - Set up Exercises 2731 for solution by the simplex...Ch. 4.1 - Set up Exercises 2731 for solution by the simplex...Ch. 4.1 - Set up Exercises 2731 for solution by the simplex...Ch. 4.1 - Set up Exercises 27for solution by the simplex...Ch. 4.2 -
In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 -
In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 - In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 - In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 -
In Exercises 1-6, the initial tableau of a linear...Ch. 4.2 - In Exercises 1- the initial tableau of a linear...Ch. 4.2 -
Use the simplex method to solve each linear...Ch. 4.2 - Prob. 8ECh. 4.2 - Prob. 9ECh. 4.2 - Use the simplex method to solve each linear...Ch. 4.2 - Prob. 11ECh. 4.2 - Prob. 12ECh. 4.2 -
Use the simplex method to solve each linear...Ch. 4.2 - Prob. 14ECh. 4.2 - Use the simplex method to solve each linear...Ch. 4.2 - Prob. 16ECh. 4.2 - Prob. 17ECh. 4.2 - Prob. 18ECh. 4.2 - The simplex algorithm still works if an indicator...Ch. 4.2 -
20. What goes wrong if a quotient other than...Ch. 4.2 - Prob. 21ECh. 4.2 - Prob. 22ECh. 4.2 - Prob. 23ECh. 4.2 -
Set up and solve Exercises 23–29 by the...Ch. 4.2 -
Set up and solve Exercises 23–29 by the simplex...Ch. 4.2 - Set up and solve Exercises 23–29 by the simplex...Ch. 4.2 - Set up and solve Exercises 2329 by the simplex...Ch. 4.2 - Set up and solve Exercises 2329 by the simplex...Ch. 4.2 - Prob. 29ECh. 4.2 - Profit A manufacturer makes two products, toy...Ch. 4.2 - Exercises and 32 come from past CPA examinations....Ch. 4.2 - Prob. 32ECh. 4.2 - Prob. 33ECh. 4.2 - Prob. 34ECh. 4.2 - Prob. 35ECh. 4.2 - Prob. 36ECh. 4.2 -
37. Resource Management The average weights of...Ch. 4.2 - Prob. 38ECh. 4.2 - Prob. 39ECh. 4.2 - Prob. 40ECh. 4.3 -
Find the transpose of each matrix.
1.
Ch. 4.3 - Prob. 2ECh. 4.3 - Prob. 3ECh. 4.3 - Find the transpose of each matrix. [...Ch. 4.3 -
State the dual problem for each linear...Ch. 4.3 - Prob. 6ECh. 4.3 -
State the dual problem for each linear...Ch. 4.3 - Prob. 8ECh. 4.3 - Prob. 9ECh. 4.3 -
Use the simples method to solve.
10. Find y1 ≥...Ch. 4.3 -
Use the simplex method to solve.
11. Find y1 ≥...Ch. 4.3 -
Use the simplex method to solve.
12. Minimize w...Ch. 4.3 - Prob. 13ECh. 4.3 -
Use the simplex method to solve.
14. Minimize w =...Ch. 4.3 - Prob. 15ECh. 4.3 - Prob. 16ECh. 4.3 - Prob. 17ECh. 4.3 - Prob. 18ECh. 4.3 -
19. Production Costs A brewery produces regular...Ch. 4.3 - Supply Costs The chemistry department at a local...Ch. 4.3 - Prob. 21ECh. 4.3 - Prob. 22ECh. 4.3 - Prob. 23ECh. 4.3 -
24. Animal Food An animal food must provide at...Ch. 4.3 - Feed Costs Refer to Example 5 in this section on...Ch. 4.3 - Prob. 26ECh. 4.3 - Calorie Expenditure Maureen Rachford wants to...Ch. 4.3 -
28. Health Care Greg Conover takes vitamin...Ch. 4.3 - 29. Blending Nutrients A biologist must make a...Ch. 4.4 - Prob. 1ECh. 4.4 - Prob. 2ECh. 4.4 - Prob. 3ECh. 4.4 - Prob. 4ECh. 4.4 -
Convert each problem into a maximization...Ch. 4.4 - Prob. 6ECh. 4.4 - Prob. 7ECh. 4.4 - Prob. 8ECh. 4.4 - Prob. 9ECh. 4.4 - Prob. 10ECh. 4.4 - Use the simplex method to solve. Find x1 0, x2 0...Ch. 4.4 - Prob. 12ECh. 4.4 - Prob. 13ECh. 4.4 - Prob. 14ECh. 4.4 - Prob. 15ECh. 4.4 - Prob. 16ECh. 4.4 - Prob. 17ECh. 4.4 - Prob. 18ECh. 4.4 - Solve using artificial variables. Maximize w =...Ch. 4.4 - Prob. 20ECh. 4.4 - Prob. 21ECh. 4.4 - Prob. 22ECh. 4.4 - Prob. 23ECh. 4.4 - Prob. 24ECh. 4.4 - Prob. 25ECh. 4.4 - Prob. 26ECh. 4.4 - Prob. 27ECh. 4.4 - Blending Seed Topgrade Turf lawn seed mixture...Ch. 4.4 - Prob. 29ECh. 4.4 - Prob. 30ECh. 4.4 - 31. Blending Chemicals Natural Brand plant food is...Ch. 4.4 - Prob. 32ECh. 4.4 -
33. Calorie Expenditure Joe Vetere’s exercise...Ch. 4 - Suppose you plan to build a raised flower bed...Ch. 4 - For the list of standard paper roll widths given...Ch. 4 - Prob. 3EACh. 4 - For the computer solution of the cutting problem,...Ch. 4 - Prob. 5EACh. 4 - Prob. 6EACh. 4 - Suppose that of the original 33 cutting patterns,...Ch. 4 - Prob. 8EACh. 4 - Compare your two answers from Exercise 8 with each...Ch. 4 - Prob. 10EACh. 4 -
Determine whether each of the following...Ch. 4 - Prob. 2RECh. 4 -
Determine whether each of the following...Ch. 4 - Prob. 4RECh. 4 -
Determine whether each of the following...Ch. 4 - Prob. 6RECh. 4 - Prob. 7RECh. 4 - Prob. 8RECh. 4 - Prob. 9RECh. 4 - Determine whether each of the following statements...Ch. 4 - Determine whether each of the following statements...Ch. 4 - Prob. 12RECh. 4 - Prob. 13RECh. 4 - Prob. 14RECh. 4 - Prob. 15RECh. 4 -
Determine whether each of the following...Ch. 4 -
For each problem. (a) add slack variables or...Ch. 4 - For each problem, (a) add slack variables or...Ch. 4 -
For each problem, (a) add slack variables or...Ch. 4 - For each problem, (a) add slack variables or...Ch. 4 -
Use the simplex method to solve each maximization...Ch. 4 - Use the simplex method to solve each maximization...Ch. 4 -
Use the simplex method to solve each maximization...Ch. 4 - Use the simplex method to solve each maximization...Ch. 4 - Convert each problem into a maximization problem...Ch. 4 - Convert each problem into a maximization problem...Ch. 4 - Prob. 27RECh. 4 - Prob. 28RECh. 4 - Prob. 29RECh. 4 - Prob. 30RECh. 4 - Prob. 31RECh. 4 - Prob. 32RECh. 4 - Prob. 33RECh. 4 - Prob. 34RECh. 4 - Prob. 35RECh. 4 -
36. In Chapter 2 we wrote a system of It near...Ch. 4 - Prob. 37RECh. 4 - Prob. 38RECh. 4 - Prob. 39RECh. 4 - Prob. 40RECh. 4 - Prob. 41RECh. 4 - Prob. 42RECh. 4 - Prob. 43RECh. 4 - Prob. 44RECh. 4 - Prob. 45RECh. 4 - Prob. 46RECh. 4 - Prob. 47RE
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