A First Course in Differential Equations with Modeling Applications (MindTap Course List)
11th Edition
ISBN: 9781305965720
Author: Dennis G. Zill
Publisher: Cengage Learning
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Chapter 5.2, Problem 2E
(a)
To determine
To solve: The equation
(b)
To determine
To graph: of the deflection by using graphing utility.
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Calculus lll
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For each month of the year, Taylor collected the average high temperatures in Jackson, Mississippi. He used the data to create the histogram shown. Which set of data did he use to create the histogram?
A
55, 60, 64, 72, 73, 75, 77, 81, 83, 91, 91, 92\ 55,\ 60,\ 64,\ 72,\ 73,\ 75,\ 77,\ 81,\ 83,\ 91,\ 91,\ 92 55, 60, 64, 72, 73, 75, 77, 81, 83, 91, 91, 92
B
55, 57, 60, 65, 70, 71, 78, 79, 85, 86, 88, 91\ 55,\ 57,\ 60,\ 65,\ 70,\ 71,\ 78,\ 79,\ 85,\ 86,\ 88,\ 91 55, 57, 60, 65, 70, 71, 78, 79, 85, 86, 88, 91
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55, 60, 63, 64, 65, 71, 83, 87, 88, 88, 89, 93\ 55,\ 60,\ 63,\ 64,\ 65,\ 71,\ 83,\ 87,\ 88,\ 88,\ 89,\ 93 55, 60, 63, 64, 65, 71, 83, 87, 88, 88, 89, 93
D
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In this problem, we consider a Brownian motion (W+) t≥0. We consider a stock model (St)t>0
given (under the measure P) by
d.St 0.03 St dt + 0.2 St dwt,
with So 2. We assume that the interest rate is r = 0.06. The purpose of this problem is to
price an option on this stock (which we name cubic put). This option is European-type, with
maturity 3 months (i.e. T = 0.25 years), and payoff given by
F = (8-5)+
(a) Write the Stochastic Differential Equation satisfied by (St) under the risk-neutral measure
Q. (You don't need to prove it, simply give the answer.)
(b) Give the price of a regular European put on (St) with maturity 3 months and strike K = 2.
(c) Let X =
S. Find the Stochastic Differential Equation satisfied by the process (Xt)
under the measure Q.
(d) Find an explicit expression for X₁ = S3 under measure Q.
(e) Using the results above, find the price of the cubic put option mentioned above.
(f) Is the price in (e) the same as in question (b)? (Explain why.)
Chapter 5 Solutions
A First Course in Differential Equations with Modeling Applications (MindTap Course List)
Ch. 5.1 - 5.1.1 Spring/Mass systems: Free Undamped Motion A...Ch. 5.1 - Spring/Mass Systems: Free Undamped Motion A...Ch. 5.1 - Spring/Mass Systems: Free Undamped Motion A mass...Ch. 5.1 - Spring/Mass Systems: Free Undamped Motion...Ch. 5.1 - Spring/Mass Systems: Free Undamped Motion A mass...Ch. 5.1 - Spring/Mass Systems: Free Undamped Motion A force...Ch. 5.1 - Prob. 7ECh. 5.1 - Prob. 8ECh. 5.1 - Spring/Mass Systems: Free Undamped Motion A mass...Ch. 5.1 - 5.1.1Spring/Mass Systems: Free Undamped Motion A...
Ch. 5.1 - A mass weighing 64 pounds stretches a spring 0.32...Ch. 5.1 - A mass of 1 slug is suspended from a spring whose...Ch. 5.1 - Prob. 13ECh. 5.1 - 5.1.1 Spring/Mass systems: Free Undamped Motion A...Ch. 5.1 - Solve Problem 13 again, but this time assume that...Ch. 5.1 - Prob. 16ECh. 5.1 - Spring/Mass Systems: Free Undamped Motion Find the...Ch. 5.1 - Prob. 18ECh. 5.1 - Spring/Mass Systems: Free Undamped Motion A model...Ch. 5.1 - 5.1.1Spring/Mass Systems: Free Undamped Motion A...Ch. 5.1 - 5.1.2 Spring/Mass systems: Free Damped Motion In...Ch. 5.1 - Spring/Mass Systems: Free Damped Motion In...Ch. 5.1 - Spring/Mass Systems: Free Damped Motion In...Ch. 5.1 - Spring/Mass Systems: Free Damped Motion In...Ch. 5.1 - Spring/Mass System: Free Damped Motion A mass...Ch. 5.1 - Spring/Mass Systems: Free Damped Motion A 4-foot...Ch. 5.1 - A 1-kilogram mass is attached to a spring whose...Ch. 5.1 - A 1-kilogram mass is attached to a spring whose...Ch. 5.1 - Spring/Mass Systems: Free Damped Motion A force of...Ch. 5.1 - After a mass weighing 10 pounds is attached to a...Ch. 5.1 - Spring/Mass Systems: Free Damped Motion A mass...Ch. 5.1 - Prob. 32ECh. 5.1 - Spring/Mass Systems: Free Damped Motion A mass...Ch. 5.1 - A mass of 1 slug is attached to a spring whose...Ch. 5.1 - Spring/Mass Systems: Driven Motion A mass of 1...Ch. 5.1 - In Problem 35 determine the equation of motion if...Ch. 5.1 - Spring/Mass Systems: Driven Motion When a mass of...Ch. 5.1 - Prob. 38ECh. 5.1 - Spring/Mass Systems: Driven Motion A mass m is...Ch. 5.1 - A mass of 100 grams is attached to a spring whose...Ch. 5.1 - Prob. 41ECh. 5.1 - Prob. 42ECh. 5.1 - Series Circuit Analogue (a) Show that the solution...Ch. 5.1 - Compare the result obtained in part (b) of Problem...Ch. 5.1 - (a) Show that x(t) given in part (a) of Problem 43...Ch. 5.1 - Series Circuit Analogue Find the charge on the...Ch. 5.1 - Series Circuit Analogue Find the charge on the...Ch. 5.1 - Series Circuit Analogue In Problems 51 and 52 find...Ch. 5.1 - In Problems 51 and 52 find the charge on the...Ch. 5.1 - Series Circuit Analogue Find the steady-state...Ch. 5.1 - Prob. 54ECh. 5.1 - Prob. 55ECh. 5.1 - Prob. 56ECh. 5.1 - Find the charge on the capacitor in an LRC-series...Ch. 5.1 - Show that if L, R, C, and E0 are constant, then...Ch. 5.1 - Show that if L, R, E0, and are constant, then the...Ch. 5.1 - Series Circuit Analogue Find the charge on the...Ch. 5.1 - Prob. 61ECh. 5.1 - Prob. 62ECh. 5.2 - (a) The beam is embedded at its left end and free...Ch. 5.2 - Prob. 2ECh. 5.2 - (a) The beam is embedded at its left end and...Ch. 5.2 - (a) The beam is embedded at its left end and...Ch. 5.2 - Prob. 6ECh. 5.2 - A cantilever beam of length L is embedded at its...Ch. 5.2 - Prob. 8ECh. 5.2 - In Problems 920 find the eigenvalues and...Ch. 5.2 - In Problems 920 find the eigenvalues and...Ch. 5.2 - In Problems 920 find the eigenvalues and...Ch. 5.2 - In Problems 920 find the eigenvalues and...Ch. 5.2 - In Problems 920 find the eigenvalues and...Ch. 5.2 - Prob. 14ECh. 5.2 - Prob. 15ECh. 5.2 - Prob. 16ECh. 5.2 - In Problems 920 find the eigenvalues and...Ch. 5.2 - Eigenvalues and Eigenfunctions In Problems 920...Ch. 5.2 - Eigenvalues and Eigenfunctions In Problems 920...Ch. 5.2 - Prob. 20ECh. 5.2 - In Problems 21 and 22 find the eigenvalues and...Ch. 5.2 - In Problems 21 and 22 find the eigenvalues and...Ch. 5.2 - Prob. 23ECh. 5.2 - The critical loads of thin columns depend on the...Ch. 5.2 - Prob. 25ECh. 5.2 - Prob. 27ECh. 5.2 - Prob. 28ECh. 5.2 - Additional Boundary-Value Problems Temperature in...Ch. 5.2 - Additional Boundary-Value Problems Temperature In...Ch. 5.2 - Rotation of a Shaft Suppose the x-axis on the...Ch. 5.2 - Prob. 32ECh. 5.2 - Discussion Problems Simple Harmonic Motion The...Ch. 5.2 - Prob. 34ECh. 5.2 - Prob. 35ECh. 5.2 - Prob. 36ECh. 5.2 - Prob. 37ECh. 5.2 - Prob. 38ECh. 5.3 - Find a linearization of the differential equation...Ch. 5.3 - (a) Use the substitution v = dy/dt to solve (13)...Ch. 5.3 - Prob. 15ECh. 5.3 - A uniform chain of length L, measured in feet, is...Ch. 5.3 - Pursuit curve In a naval exercise a ship S1 is...Ch. 5.3 - Pursuit curve In another naval exercise a...Ch. 5.3 - The ballistic pendulum Historically, in order to...Ch. 5.3 - Prob. 21ECh. 5 - If a mass weighing 10 pounds stretches a spring...Ch. 5 - The period of simple harmonic motion of mass...Ch. 5 - The differential equation of a spring/mass system...Ch. 5 - Pure resonance cannot take place in the presence...Ch. 5 - Prob. 5RECh. 5 - Prob. 6RECh. 5 - Prob. 7RECh. 5 - Prob. 8RECh. 5 - Prob. 9RECh. 5 - Prob. 10RECh. 5 - A free undamped spring/mass system oscillates with...Ch. 5 - A mass weighing 12 pounds stretches a spring 2...Ch. 5 - A force of 2 pounds stretches a spring 1 foot....Ch. 5 - A mass weighing 32 pounds stretches a spring 6...Ch. 5 - A spring with constant k = 2 is suspended in a...Ch. 5 - Prob. 16RECh. 5 - A mass weighing 4 pounds stretches a spring 18...Ch. 5 - Find a particular solution for x + 2x + 2x = A,...Ch. 5 - Prob. 19RECh. 5 - Prob. 20RECh. 5 - A series circuit contains an inductance of L= 1 h,...Ch. 5 - (a) Show that the current i(t) in an LRC-series...Ch. 5 - Consider the boundary-value problem...Ch. 5 - Suppose a mass m lying on a flat dry frictionless...Ch. 5 - Prob. 26RECh. 5 - Suppose the mass m in the spring/mass system in...Ch. 5 - Prob. 28RECh. 5 - Prob. 29RECh. 5 - Spring pendulum The rotational form of Newtons...Ch. 5 - Prob. 31RECh. 5 - Galloping Gertie Bridges are good examples of...
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