EBK DISCRETE MATHEMATICS: INTRODUCTION
11th Edition
ISBN: 9781133417071
Author: EPP
Publisher: CENGAGE LEARNING - CONSIGNMENT
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 4.6, Problem 22ES
To determine
To prove: The irrational number by the proof technique.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Calculate the max value of the directional derivate
select bmw stock. you can assume the price of the stock
This problem is based on the fundamental option pricing formula for the continuous-time
model developed in class, namely the value at time 0 of an option with maturity T and
payoff F is given by:
We consider the two options below:
Fo=
-rT
= e
Eq[F].
1
A. An option with which you must buy a share of stock at expiration T = 1 for strike
price K = So.
B. An option with which you must buy a share of stock at expiration T = 1 for strike
price K given by
T
K =
T
St dt.
(Note that both options can have negative payoffs.) We use the continuous-time Black-
Scholes model to price these options. Assume that the interest rate on the money market
is r.
(a) Using the fundamental option pricing formula, find the price of option A. (Hint:
use the martingale properties developed in the lectures for the stock price process
in order to calculate the expectations.)
(b) Using the fundamental option pricing formula, find the price of option B.
(c) Assuming the interest rate is very small (r ~0), use Taylor…
Chapter 4 Solutions
EBK DISCRETE MATHEMATICS: INTRODUCTION
Ch. 4.1 - Prob. 1ESCh. 4.1 - Prob. 2ESCh. 4.1 - Prob. 3ESCh. 4.1 - Prob. 4ESCh. 4.1 - Prob. 5ESCh. 4.1 - Prob. 6ESCh. 4.1 - Prob. 7ESCh. 4.1 - Prob. 8ESCh. 4.1 - Prob. 9ESCh. 4.1 - Prob. 10ES
Ch. 4.1 - Prob. 11ESCh. 4.1 - Prob. 12ESCh. 4.1 - Prob. 13ESCh. 4.1 - Prob. 14ESCh. 4.1 - Prob. 15ESCh. 4.1 - Prob. 16ESCh. 4.1 - Prob. 17ESCh. 4.1 - Prob. 18ESCh. 4.1 - Prob. 19ESCh. 4.1 - Prob. 20ESCh. 4.1 - Prob. 21ESCh. 4.1 - Prob. 22ESCh. 4.1 - Prob. 23ESCh. 4.1 - Prob. 24ESCh. 4.1 - Prob. 25ESCh. 4.1 - Prob. 26ESCh. 4.1 - Prob. 27ESCh. 4.1 - Prob. 28ESCh. 4.1 - Prob. 29ESCh. 4.1 - Prob. 30ESCh. 4.1 - Prob. 31ESCh. 4.1 - Prob. 32ESCh. 4.1 - Prob. 33ESCh. 4.1 - Prob. 34ESCh. 4.1 - Prob. 35ESCh. 4.1 - Prob. 36ESCh. 4.1 - Prob. 37ESCh. 4.1 - Prob. 38ESCh. 4.1 - Prob. 39ESCh. 4.1 - Prob. 40ESCh. 4.1 - Prob. 41ESCh. 4.1 - Prob. 42ESCh. 4.1 - Prob. 43ESCh. 4.1 - Prob. 44ESCh. 4.1 - Prob. 45ESCh. 4.1 - Prob. 46ESCh. 4.1 - Prob. 47ESCh. 4.1 - Prob. 48ESCh. 4.1 - Prob. 49ESCh. 4.1 - Prob. 50ESCh. 4.1 - Prob. 51ESCh. 4.1 - Prob. 52ESCh. 4.1 - Prob. 53ESCh. 4.1 - Prob. 54ESCh. 4.1 - Prob. 55ESCh. 4.1 - Prob. 56ESCh. 4.1 - Prob. 57ESCh. 4.1 - Prob. 58ESCh. 4.1 - Prob. 59ESCh. 4.1 - Prob. 60ESCh. 4.1 - Prob. 61ESCh. 4.1 - Prob. 62ESCh. 4.1 - Prob. 63ESCh. 4.2 - Prob. 1ESCh. 4.2 - Prob. 2ESCh. 4.2 - Prob. 3ESCh. 4.2 - Prob. 4ESCh. 4.2 - Prob. 5ESCh. 4.2 - Prob. 6ESCh. 4.2 - Prob. 7ESCh. 4.2 - Prob. 8ESCh. 4.2 - Prob. 9ESCh. 4.2 - Prob. 10ESCh. 4.2 - Prob. 11ESCh. 4.2 - Prob. 12ESCh. 4.2 - Prob. 13ESCh. 4.2 - Prob. 14ESCh. 4.2 - Prob. 15ESCh. 4.2 - Prob. 16ESCh. 4.2 - Prob. 17ESCh. 4.2 - Prob. 18ESCh. 4.2 - Prob. 19ESCh. 4.2 - Prob. 20ESCh. 4.2 - Prob. 21ESCh. 4.2 - Prob. 22ESCh. 4.2 - Prob. 23ESCh. 4.2 - Prob. 24ESCh. 4.2 - Prob. 25ESCh. 4.2 - Prob. 26ESCh. 4.2 - Prob. 27ESCh. 4.2 - Prob. 28ESCh. 4.2 - Prob. 29ESCh. 4.2 - Prob. 30ESCh. 4.2 - Prob. 31ESCh. 4.2 - Prob. 32ESCh. 4.2 - Prob. 33ESCh. 4.2 - Prob. 34ESCh. 4.2 - Prob. 35ESCh. 4.2 - Prob. 36ESCh. 4.2 - Prob. 37ESCh. 4.2 - Prob. 38ESCh. 4.2 - Prob. 39ESCh. 4.3 - Prob. 1ESCh. 4.3 - Prob. 2ESCh. 4.3 - Prob. 3ESCh. 4.3 - Prob. 4ESCh. 4.3 - Prob. 5ESCh. 4.3 - Prob. 6ESCh. 4.3 - Prob. 7ESCh. 4.3 - Prob. 8ESCh. 4.3 - Prob. 9ESCh. 4.3 - Prob. 10ESCh. 4.3 - Prob. 11ESCh. 4.3 - Prob. 12ESCh. 4.3 - Prob. 13ESCh. 4.3 - Prob. 14ESCh. 4.3 - Prob. 15ESCh. 4.3 - Prob. 16ESCh. 4.3 - Prob. 17ESCh. 4.3 - Prob. 18ESCh. 4.3 - Prob. 19ESCh. 4.3 - Prob. 20ESCh. 4.3 - Prob. 21ESCh. 4.3 - Prob. 22ESCh. 4.3 - Prob. 23ESCh. 4.3 - Prob. 24ESCh. 4.3 - Prob. 25ESCh. 4.3 - Prob. 26ESCh. 4.3 - Prob. 27ESCh. 4.3 - Prob. 28ESCh. 4.3 - Prob. 29ESCh. 4.3 - Prob. 30ESCh. 4.3 - Prob. 31ESCh. 4.3 - Prob. 32ESCh. 4.3 - Prob. 33ESCh. 4.3 - Prob. 34ESCh. 4.3 - Prob. 35ESCh. 4.3 - Prob. 36ESCh. 4.3 - Prob. 37ESCh. 4.3 - Prob. 38ESCh. 4.3 - Prob. 39ESCh. 4.3 - Prob. 40ESCh. 4.3 - Prob. 41ESCh. 4.3 - Prob. 42ESCh. 4.3 - Prob. 43ESCh. 4.3 - Prob. 44ESCh. 4.3 - Prob. 45ESCh. 4.3 - Prob. 46ESCh. 4.3 - Prob. 47ESCh. 4.3 - Prob. 48ESCh. 4.3 - Prob. 49ESCh. 4.4 - Prob. 1ESCh. 4.4 - Prob. 2ESCh. 4.4 - Prob. 3ESCh. 4.4 - Prob. 4ESCh. 4.4 - Prob. 5ESCh. 4.4 - Prob. 6ESCh. 4.4 - Prob. 7ESCh. 4.4 - Prob. 8ESCh. 4.4 - Prob. 9ESCh. 4.4 - Prob. 10ESCh. 4.4 - Prob. 11ESCh. 4.4 - Prob. 12ESCh. 4.4 - Prob. 13ESCh. 4.4 - Prob. 14ESCh. 4.4 - Prob. 15ESCh. 4.4 - Prob. 16ESCh. 4.4 - Prob. 17ESCh. 4.4 - Prob. 18ESCh. 4.4 - Prob. 19ESCh. 4.4 - Prob. 20ESCh. 4.4 - Prob. 21ESCh. 4.4 - Prob. 22ESCh. 4.4 - Prob. 23ESCh. 4.4 - Prob. 24ESCh. 4.4 - Prob. 25ESCh. 4.4 - Prob. 26ESCh. 4.4 - Prob. 27ESCh. 4.4 - Prob. 28ESCh. 4.4 - Prob. 29ESCh. 4.4 - Prob. 30ESCh. 4.4 - Prob. 31ESCh. 4.4 - Prob. 32ESCh. 4.4 - Prob. 33ESCh. 4.4 - Prob. 34ESCh. 4.4 - Prob. 35ESCh. 4.4 - Prob. 36ESCh. 4.4 - Prob. 37ESCh. 4.4 - Prob. 38ESCh. 4.4 - Prob. 39ESCh. 4.4 - Prob. 40ESCh. 4.4 - Prob. 41ESCh. 4.4 - Prob. 42ESCh. 4.4 - Prob. 43ESCh. 4.4 - Prob. 44ESCh. 4.4 - Prob. 45ESCh. 4.4 - Prob. 46ESCh. 4.5 - Prob. 1ESCh. 4.5 - Prob. 2ESCh. 4.5 - Prob. 3ESCh. 4.5 - Prob. 4ESCh. 4.5 - Prob. 5ESCh. 4.5 - Prob. 6ESCh. 4.5 - Prob. 7ESCh. 4.5 - Prob. 8ESCh. 4.5 - Prob. 9ESCh. 4.5 - Prob. 10ESCh. 4.5 - Prob. 11ESCh. 4.5 - Prob. 12ESCh. 4.5 - Prob. 13ESCh. 4.5 - Prob. 14ESCh. 4.5 - Prob. 15ESCh. 4.5 - Prob. 16ESCh. 4.5 - Prob. 17ESCh. 4.5 - Prob. 18ESCh. 4.5 - Prob. 19ESCh. 4.5 - Prob. 20ESCh. 4.5 - Prob. 21ESCh. 4.5 - Prob. 22ESCh. 4.5 - Prob. 23ESCh. 4.5 - Prob. 24ESCh. 4.5 - Prob. 25ESCh. 4.5 - Prob. 26ESCh. 4.5 - Prob. 27ESCh. 4.5 - Prob. 28ESCh. 4.5 - Prob. 29ESCh. 4.5 - Prob. 30ESCh. 4.5 - Prob. 31ESCh. 4.5 - Prob. 32ESCh. 4.5 - Prob. 33ESCh. 4.5 - Prob. 34ESCh. 4.5 - Prob. 35ESCh. 4.6 - Prob. 1ESCh. 4.6 - Prob. 2ESCh. 4.6 - Prob. 3ESCh. 4.6 - Prob. 4ESCh. 4.6 - Prob. 5ESCh. 4.6 - Prob. 6ESCh. 4.6 - Prob. 7ESCh. 4.6 - Prob. 8ESCh. 4.6 - Prob. 9ESCh. 4.6 - Prob. 10ESCh. 4.6 - Prob. 11ESCh. 4.6 - Prob. 12ESCh. 4.6 - Prob. 13ESCh. 4.6 - Prob. 14ESCh. 4.6 - Prob. 15ESCh. 4.6 - Prob. 16ESCh. 4.6 - Prob. 17ESCh. 4.6 - Prob. 18ESCh. 4.6 - Prob. 19ESCh. 4.6 - Prob. 20ESCh. 4.6 - Prob. 21ESCh. 4.6 - Prob. 22ESCh. 4.6 - Prob. 23ESCh. 4.6 - Prob. 24ESCh. 4.6 - Prob. 25ESCh. 4.6 - Prob. 26ESCh. 4.6 - Prob. 27ESCh. 4.6 - Prob. 28ESCh. 4.6 - Prob. 29ESCh. 4.6 - Prob. 30ESCh. 4.6 - Prob. 31ESCh. 4.6 - Prob. 32ESCh. 4.6 - Prob. 33ESCh. 4.6 - Prob. 34ESCh. 4.6 - Prob. 35ES
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
- Question 1. Prove that the function f(x) = 2; f: (2,3] → R, is not uniformly continuous on (2,3].arrow_forwardCalculus III May I please have the example, definition semicolons, and all blanks completed and solved? Thank you so much,arrow_forwardA company estimates that the revenue (in dollars) from the sale of x doghouses is given by R(x) = 12,000 In (0.02x+1). Use the differential to approximate the change in revenue from the sale of one more doghouse if 80 doghouses have already been sold. The revenue will increase by $ if one more doghouse is made. (Round to the nearest cent as needed.)arrow_forward
- The population of bacteria (in millions) in a certain culture x hours after an experimental 20x nutrient is introduced into the culture is P(x) = - 2 Use the differential to approximate the changes in population for the following changes in x. 8+x a. 1 to 1.5 b. 3 to 3.25 a. Use the differential to approximate the change in population for x=1 to 1.5. Between 1 and 1.5 hours, the population of bacteria changes by million. (Round to three decimal places as needed.)arrow_forwardThe demand for grass seed (in thousands of pounds) at price p dollars is given by the following function. D(p) 3p³-2p² + 1460 Use the differential to approximate the changes in demand for the following changes in p. a. $4 to $4.11 b. $6 to $6.19arrow_forwardLet the region R be the area enclosed by the function f(x) = 3 ln (x) and g(x) = 3 x + 1. Write an integral in terms of x and also an integral in terms of y that would represent the area of the region R. If necessary, round limit values to the nearest thousandth. Answer Attempt 1 out of 2 y 7 10 6 5 4 3 2 -1 2 3 4 5 6 x2 dx x1 = x2 = x1 Y1 = Y2 = Y1 dyarrow_forward
- A manufacturer of handcrafted wine racks has determined that the cost to produce x units per month is given by C = 0.3x² + 7,000. How fast is the cost per month changing when production is changing at the rate of 14 units per month and the production level is 80 units? Costs are increasing at the rate of $ (Round to the nearest dollar as needed.) per month at this production level.arrow_forwarddy Assume x and y are functions of t. Evaluate for 2xy -3x+2y³ = - 72, with the conditions dt dx dt = -8, x=2, y = -3. dy dt (Type an exact answer in simplified form.)arrow_forwardDiscuss and explain in the picturearrow_forward
- Consider the cones K = = {(x1, x2, x3) | € R³ : X3 ≥√√√2x² + 3x² M = = {(21,22,23) (x1, x2, x3) Є R³: x3 > + 2 3 Prove that M = K*. Hint: Adapt the proof from the lecture notes for finding the dual of the Lorentz cone. Alternatively, prove the formula (AL)* = (AT)-¹L*, for any cone LC R³ and any 3 × 3 nonsingular matrix A with real entries, where AL = {Ax = R³ : x € L}, and apply it to the 3-dimensional Lorentz cone with an appropriately chosen matrix A.arrow_forwardI am unable to solve part b.arrow_forwardConsider the sequence below: 1 1 1 (a) Express this sequence as a recurrence relation (b) Express this sequence in the form {a}=1 (c) Does this sequence converge or diverge? Justify your answer. Consider the sequence below: 1 1 1 1, 4' 9' 16' (a) Express this sequence in the form {ak}=1 (b) Does this sequence converge or diverge? Justify your answer. Consider the sequence below: 345 2. 4' 9' 16' ·} (a) Express this sequence in the form {a}1 (b) Does this sequence converge or diverge? Justify your answer.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
Elements Of Modern AlgebraAlgebraISBN:9781285463230Author:Gilbert, Linda, JimmiePublisher:Cengage Learning,
Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell
College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
Elementary Geometry For College Students, 7eGeometryISBN:9781337614085Author:Alexander, Daniel C.; Koeberlein, Geralyn M.Publisher:Cengage,
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
Elements Of Modern Algebra
Algebra
ISBN:9781285463230
Author:Gilbert, Linda, Jimmie
Publisher:Cengage Learning,
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
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Elementary Geometry For College Students, 7e
Geometry
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Cengage,
Propositional Logic, Propositional Variables & Compound Propositions; Author: Neso Academy;https://www.youtube.com/watch?v=Ib5njCwNMdk;License: Standard YouTube License, CC-BY
Propositional Logic - Discrete math; Author: Charles Edeki - Math Computer Science Programming;https://www.youtube.com/watch?v=rL_8y2v1Guw;License: Standard YouTube License, CC-BY
DM-12-Propositional Logic-Basics; Author: GATEBOOK VIDEO LECTURES;https://www.youtube.com/watch?v=pzUBrJLIESU;License: Standard Youtube License
Lecture 1 - Propositional Logic; Author: nptelhrd;https://www.youtube.com/watch?v=xlUFkMKSB3Y;License: Standard YouTube License, CC-BY
MFCS unit-1 || Part:1 || JNTU || Well formed formula || propositional calculus || truth tables; Author: Learn with Smily;https://www.youtube.com/watch?v=XV15Q4mCcHc;License: Standard YouTube License, CC-BY