Use Exercise 41 to deter mine whether M 11 =2 11 − 1 = 2 0 47 and M 17 = 2 17 − 1 ≡ 131 , 0 71 are prime. Let n be a positive integer and let n − 1 = 2 s t , where s is a nonnegative integer and t is an odd positive integer. We that n passes Miller’s test for the base b if either b t ≡ 1 ( mod n ) or b 21 ≡ − 1 ( mod n ) for some j with 0 ≤ j ≤ s − 1 . It can be shown (see [R010]) that a composite integer n passes Miller’s test for fewer than n / 4 bases b with 1 < b < n . A composite positive integer n that passes miller’s test to the base b is called a strong pseudoprime to the base b .
Use Exercise 41 to deter mine whether M 11 =2 11 − 1 = 2 0 47 and M 17 = 2 17 − 1 ≡ 131 , 0 71 are prime. Let n be a positive integer and let n − 1 = 2 s t , where s is a nonnegative integer and t is an odd positive integer. We that n passes Miller’s test for the base b if either b t ≡ 1 ( mod n ) or b 21 ≡ − 1 ( mod n ) for some j with 0 ≤ j ≤ s − 1 . It can be shown (see [R010]) that a composite integer n passes Miller’s test for fewer than n / 4 bases b with 1 < b < n . A composite positive integer n that passes miller’s test to the base b is called a strong pseudoprime to the base b .
Solution Summary: The author explains how to determine whether 211-1=2047 is prime.
Use Exercise 41 to deter mine whether
M
11
=2
11
−
1
=
2
0
47
and
M
17
=
2
17
−
1
≡
131
,
0
71
are prime.
Let n be a positive integer and let
n
−
1
=
2
s
t
, where s is a nonnegative integer and t is an odd positive integer. We that n passes Miller’s test for the base b if either
b
t
≡
1
(
mod
n
)
or
b
21
≡
−
1
(
mod
n
)
for some j with
0
≤
j
≤
s
−
1
. It can be shown (see [R010]) that a composite integer n passes Miller’s test for fewer than
n
/
4
bases b with
1
<
b
<
n
. A composite positive integer n that passes miller’s test to the base b is called a strong pseudoprime to the base b.
We consider a one-period market with the following properties: the current stock priceis S0 = 4. At time T = 1 year, the stock has either moved up to S1 = 8 (with probability0.7) or down towards S1 = 2 (with probability 0.3). We consider a call option on thisstock with maturity T = 1 and strike price K = 5. The interest rate on the money marketis 25% yearly.(a) Find the replicating portfolio (φ, ψ) corresponding to this call option.(b) Find the risk-neutral (no-arbitrage) price of this call option.(c) We now consider a put option with maturity T = 1 and strike price K = 3 onthe same market. Find the risk-neutral price of this put option. Reminder: A putoption gives you the right to sell the stock for the strike price K.1(d) An investor with initial capital X0 = 0 wants to invest on this market. He buysα shares of the stock (or sells them if α is negative) and buys β call options (orsells them is β is negative). He invests the cash balance on the money market (orborrows if the amount is…
Determine if the two statements are equivalent using a truth table
Use Pascal's triangle to expand the binomial
(6m+2)^2
Chapter 4 Solutions
Discrete Mathematics And Its Applications 7th Edition
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