DISCRETE MATHEMATICS WITH APPLICATION (
5th Edition
ISBN: 9780357097717
Author: EPP
Publisher: CENGAGE L
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Chapter 8.4, Problem 9ES
To determine
(a)
The proof of
To determine
(b)
The proof of
Expert Solution & Answer
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Note: The purpose of this problem below is to use computational techniques (Excelspreadsheet, Matlab, R, Python, etc.) and code the dynamic programming ideas seen inclass. Please provide the numerical answer to the questions as well as a sample of yourwork (spreadsheet, code file, etc.).We consider an N-period binomial model with the following properties: N = 60, thecurrent stock price is S0 = 1000; on each period, the stock price increases by 0.5% whenit moves up and decreases by 0.3% when it moves down. The annual interest rate on themoney market is 5%. (Notice that this model is a CRR model, which means that thebinomial tree is recombining.)(a) Find the price at time t0 = 0 of a (European) call option with strike price K = 1040and maturity T = 1 year.(b) Find the price at time t0 = 0 of a (European) put option with strike price K = 1040and maturity T = 1 year.(c) We consider now, that you are at time t5 (i.e. after 5 periods, which represents 1month later). Assume that the stock…
4. [-/1 Points]
DETAILS
MY NOTES
SESSCALCET2 6.5.024.
Find the approximations Tη, Mn, and S, to the integral
computer algebra system.)
ASK YOUR TEACHER
PRACTICE ANOTHER
4 39
√
dx for n = 6 and 12. Then compute the corresponding errors ET, EM, and Es. (Round your answers to six decimal places. You may wish to use the sum command on a
n
Tn
Mn
Sp
6
12
n
ET
EM
Es
6
12
What observations can you make? In particular, what happens to the errors when n is doubled?
As n is doubled, ET and EM are decreased by a factor of about
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Read It
'
and Es is decreased by a factor of about
6. [-/1 Points]
DETAILS
MY NOTES
SESSCALCET2 6.5.001.
ASK YOUR TEACHER
PRACTICE ANOTHER
Let I =
4
f(x) dx, where f is the function whose graph is shown.
= √ ² F(x
12
4
y
f
1
2
(a) Use the graph to find L2, R2 and M2.
42 =
R₂ =
M₂ =
1
x
3
4
Chapter 8 Solutions
DISCRETE MATHEMATICS WITH APPLICATION (
Ch. 8.1 - If R is a relation from A to B, xA , and yB , the...Ch. 8.1 - Prob. 2TYCh. 8.1 - Prob. 3TYCh. 8.1 - Prob. 4TYCh. 8.1 - If R is a relation on a set A, the directed graph...Ch. 8.1 - As in Example 8.1.2, the congruence modulo 2...Ch. 8.1 - Prove that for all integers m and n,m-n is even...Ch. 8.1 - The congruence modulo 3 relation, T, is defined...Ch. 8.1 - Define a relation P on Z as follows: For every...Ch. 8.1 - Prob. 5ES
Ch. 8.1 - Let X={a,b,c}. Define a relation J on P(X) as...Ch. 8.1 - Define a relation R on Z as follows: For all...Ch. 8.1 - Prob. 8ESCh. 8.1 - Let A be the set of all strings of 0’s, 1’s, and...Ch. 8.1 - Let A={3,4,5} and B={4,5,6} and let R be the “less...Ch. 8.1 - Let A={3,4,5} and B={4,5,6} and let S be the...Ch. 8.1 - Prob. 12ESCh. 8.1 - Prob. 13ESCh. 8.1 - Draw the directed graphs of the relations defined...Ch. 8.1 - Draw the directed graphs of the relations defined...Ch. 8.1 - Prob. 16ESCh. 8.1 - Prob. 17ESCh. 8.1 - Draw the directed graphs of the relations defined...Ch. 8.1 - Exercises 19-20 refer to unions and intersections...Ch. 8.1 - Prob. 20ESCh. 8.1 - Define relation R and S on R as follows:...Ch. 8.1 - Prob. 22ESCh. 8.1 - Prob. 23ESCh. 8.1 - Prob. 24ESCh. 8.2 - For a relation R on a set A to be reflexive means...Ch. 8.2 - For a relation R on a set A to be symmetric means...Ch. 8.2 - For a relation R on a set A to be transitive means...Ch. 8.2 - Prob. 4TYCh. 8.2 - Prob. 5TYCh. 8.2 - Prob. 6TYCh. 8.2 - Prob. 7TYCh. 8.2 - Prob. 8TYCh. 8.2 - Prob. 9TYCh. 8.2 - Prob. 10TYCh. 8.2 - Prob. 1ESCh. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - Prob. 3ESCh. 8.2 - Prob. 4ESCh. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - In 1-8, a number of relations are defined on the...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9—33, determine whether the given relation is...Ch. 8.2 - In 9—33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 15ESCh. 8.2 - Prob. 16ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 18ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 20ESCh. 8.2 - Prob. 21ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 24ESCh. 8.2 - In 9-33, determine whether the given is reflexive...Ch. 8.2 - Prob. 26ESCh. 8.2 - Prob. 27ESCh. 8.2 - Prob. 28ESCh. 8.2 - Prob. 29ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - Prob. 31ESCh. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 9-33, determine whether the given relation is...Ch. 8.2 - In 34-36, assume that R is a relation on a et A....Ch. 8.2 - Prob. 35ESCh. 8.2 - Prob. 36ESCh. 8.2 - Prob. 37ESCh. 8.2 - Prob. 38ESCh. 8.2 - Prob. 39ESCh. 8.2 - Prob. 40ESCh. 8.2 - Prob. 41ESCh. 8.2 - In 37-42, assume that R and S are relations on a...Ch. 8.2 - In 43-50, the following definitions are used: A...Ch. 8.2 - Prob. 44ESCh. 8.2 - Prob. 45ESCh. 8.2 - Prob. 46ESCh. 8.2 - Prob. 47ESCh. 8.2 - In 43-50, the following definitions are used: A...Ch. 8.2 - Prob. 49ESCh. 8.2 - Prob. 50ESCh. 8.2 - Prob. 51ESCh. 8.2 - In 51—53, R, S, and T are relations defined on...Ch. 8.2 - Prob. 53ESCh. 8.2 - Prob. 54ESCh. 8.2 - Prob. 55ESCh. 8.2 - Prob. 56ESCh. 8.3 - For a relation on a set to be an equivalence...Ch. 8.3 - The notation m=n(modd) is...Ch. 8.3 - Prob. 3TYCh. 8.3 - Prob. 4TYCh. 8.3 - Prob. 5TYCh. 8.3 - Prob. 6TYCh. 8.3 - Prob. 1ESCh. 8.3 - Prob. 2ESCh. 8.3 - Prob. 3ESCh. 8.3 - In each of 3—6, the relation R is an equivalence...Ch. 8.3 - Prob. 5ESCh. 8.3 - In each of 3-6, the relation R is an equivalence...Ch. 8.3 - Prob. 7ESCh. 8.3 - Prob. 8ESCh. 8.3 - Prob. 9ESCh. 8.3 - In each of 7-14, relation R is an equivalence...Ch. 8.3 - Prob. 11ESCh. 8.3 - In each of 7-14, relation R is an equivalence...Ch. 8.3 - In each of 7-14, the relation R is an equivalence...Ch. 8.3 - In each of 7—14, the relation R is an equivalence...Ch. 8.3 - Determine which of the following congruence...Ch. 8.3 - Let R be the relation of congruence modulo 3....Ch. 8.3 - Prob. 17ESCh. 8.3 - Prob. 18ESCh. 8.3 - In 19-31, (1) prove that the relation is an...Ch. 8.3 - Prob. 20ESCh. 8.3 - Prob. 21ESCh. 8.3 - Prob. 22ESCh. 8.3 - Prob. 23ESCh. 8.3 - In 19-31. (1) prove that the relation is an...Ch. 8.3 - In 19-31,(1) prove that the relation is an...Ch. 8.3 - Prob. 26ESCh. 8.3 - Prob. 27ESCh. 8.3 - Prob. 28ESCh. 8.3 - Prob. 29ESCh. 8.3 - Prob. 30ESCh. 8.3 - In 19—31, (1) prove that the relation is an...Ch. 8.3 - Prob. 32ESCh. 8.3 - Prob. 33ESCh. 8.3 - Prob. 34ESCh. 8.3 - Prob. 35ESCh. 8.3 - Prob. 36ESCh. 8.3 - Prob. 37ESCh. 8.3 - Prob. 38ESCh. 8.3 - Prob. 39ESCh. 8.3 - Prob. 40ESCh. 8.3 - Prob. 41ESCh. 8.3 - Prob. 42ESCh. 8.3 - Prob. 43ESCh. 8.3 - Let A=Z+Z+ . Define a relation R on A as follows:...Ch. 8.3 - Prob. 45ESCh. 8.3 - Let R be a relation on a set A and suppose R is...Ch. 8.3 - Refer to the quote at the beginning of this...Ch. 8.4 - When letters of the alphabet are encrypted using...Ch. 8.4 - Prob. 2TYCh. 8.4 - Prob. 3TYCh. 8.4 - Prob. 4TYCh. 8.4 - Prob. 5TYCh. 8.4 - Prob. 6TYCh. 8.4 - Prob. 7TYCh. 8.4 - Prob. 8TYCh. 8.4 - Fermat’s little theorem says that if p is any...Ch. 8.4 - Prob. 10TYCh. 8.4 - Prob. 1ESCh. 8.4 - Use the Caesar cipher to encrypt the message AN...Ch. 8.4 - Prob. 3ESCh. 8.4 - Let a=68, b=33, and n=7. Verify that 7|(68-33)....Ch. 8.4 - Prove the transitivity of modular congruence. That...Ch. 8.4 - Prob. 6ESCh. 8.4 - Verify the following statements. 128=2(mod7) and...Ch. 8.4 - Verify the following statements. 45=3 (mod 6) and...Ch. 8.4 - Prob. 9ESCh. 8.4 - In 9-11, prove each of the given statements,...Ch. 8.4 - In 9-11, prove each of the given statements,...Ch. 8.4 - Prove that for every integer n0,10n=1(mod9) . Use...Ch. 8.4 - Prob. 13ESCh. 8.4 - Prob. 14ESCh. 8.4 - Prob. 15ESCh. 8.4 - In 16-18, use the techniques of Example 8.4.4 and...Ch. 8.4 - Prob. 17ESCh. 8.4 - Prob. 18ESCh. 8.4 - Prob. 19ESCh. 8.4 - Prob. 20ESCh. 8.4 - Prob. 21ESCh. 8.4 - In 19-24, use the RSA cipher from Examples 8.4.9...Ch. 8.4 - Prob. 23ESCh. 8.4 - Prob. 24ESCh. 8.4 - Prob. 25ESCh. 8.4 - Prob. 26ESCh. 8.4 - In 26 and 27, use the extended Euclidean algorithm...Ch. 8.4 - Prob. 28ESCh. 8.4 - Prob. 29ESCh. 8.4 - Prob. 30ESCh. 8.4 - Find an inverse for 210 modulo 13. Find appositive...Ch. 8.4 - Find an inverse for 41 modulo 660. Find the least...Ch. 8.4 - Prob. 33ESCh. 8.4 - Prob. 34ESCh. 8.4 - Prob. 35ESCh. 8.4 - In 36,37,39 and 40, use the RSA cipher with public...Ch. 8.4 - Prob. 37ESCh. 8.4 - Find the least positive inverse for 43 modulo 660.Ch. 8.4 - Prob. 39ESCh. 8.4 - Prob. 40ESCh. 8.4 - Prob. 41ESCh. 8.4 - Prob. 42ESCh. 8.4 - Prob. 43ESCh. 8.5 - Prob. 1TYCh. 8.5 - Prob. 2TYCh. 8.5 - Prob. 3TYCh. 8.5 - Prob. 4TYCh. 8.5 - Prob. 5TYCh. 8.5 - Prob. 6TYCh. 8.5 - Prob. 7TYCh. 8.5 - Prob. 8TYCh. 8.5 - Prob. 9TYCh. 8.5 - Prob. 10TYCh. 8.5 - Each of the following is a relation on {0,1,2,3}...Ch. 8.5 - Prob. 2ESCh. 8.5 - Let S be the set of all strings of a’s and b’s....Ch. 8.5 - Prob. 4ESCh. 8.5 - Prob. 5ESCh. 8.5 - Let P be the set of all people who have ever lived...Ch. 8.5 - Prob. 7ESCh. 8.5 - Prob. 8ESCh. 8.5 - Prob. 9ESCh. 8.5 - Suppose R and S are antisymmetric relations on a...Ch. 8.5 - Let A={a,b}, and supposeAhas the partial order...Ch. 8.5 - Prob. 12ESCh. 8.5 - Let A={a,b} . Describe all partial order relations...Ch. 8.5 - Let A={a,b,c}. Describe all partial order...Ch. 8.5 - Prob. 15ESCh. 8.5 - Consider the “divides” relation on each of the...Ch. 8.5 - Prob. 17ESCh. 8.5 - Let S={0,1} and consider the partial order...Ch. 8.5 - Let S={0,1} and consider the partial order...Ch. 8.5 - Let S={0,1} and consider the partial order...Ch. 8.5 - Consider the “divides” relation defined on the set...Ch. 8.5 - Prob. 22ESCh. 8.5 - Prob. 23ESCh. 8.5 - Prob. 24ESCh. 8.5 - Prob. 25ESCh. 8.5 - Prob. 26ESCh. 8.5 - Prob. 27ESCh. 8.5 - Prob. 28ESCh. 8.5 - Prob. 29ESCh. 8.5 - Prob. 30ESCh. 8.5 - Prob. 31ESCh. 8.5 - Prob. 32ESCh. 8.5 - Consider the set A={12,24,48,3,9} ordered by the...Ch. 8.5 - Suppose that R is a partial order relation on a...Ch. 8.5 - Prob. 35ESCh. 8.5 - The set A={2,4,3,6,12,18,24} is partially ordered...Ch. 8.5 - Find a chain of length 2 for the relation defined...Ch. 8.5 - Prob. 38ESCh. 8.5 - Prob. 39ESCh. 8.5 - Prob. 40ESCh. 8.5 - Prob. 41ESCh. 8.5 - Prob. 42ESCh. 8.5 - Prob. 43ESCh. 8.5 - Prob. 44ESCh. 8.5 - Prob. 45ESCh. 8.5 - Prob. 46ESCh. 8.5 - Prob. 47ESCh. 8.5 - Prob. 48ESCh. 8.5 - Prob. 49ESCh. 8.5 - A set S of jobs can be ordered by writing x_y to...Ch. 8.5 - Suppose the tasks described in Example 8.5.12...
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