Mathematics for the Trades: A Guided Approach, Books a la Carte edition (11th Edition)
11th Edition
ISBN: 9780134765785
Author: Hal Saunders
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 9.4, Problem 8DE
Practical Applications. (Round to the nearest tenth if necessary.)
Landscaping At an excavation site, a conical pile of earth 9 ft high and 14 ft in diameter at the base must be hauled away by a small truck with a capacity of 2.6 cu yd. How many truckloads will it take to transport the soil? (Be careful with units!)
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Question 2. An American option on a stock has payoff given by F = f(St) when it is exercised
at time t. We know that the function f is convex. A person claims that because of convexity,
it is optimal to exercise at expiration T. Do you agree with them?
Question 4. We consider a CRR model with So == 5 and up and down factors u = 1.03 and
d = 0.96. We consider the interest rate r = 4% (over one period). Is this a suitable CRR
model? (Explain your answer.)
Question 3. We want to price a put option with strike price K and expiration T. Two financial
advisors estimate the parameters with two different statistical methods: they obtain the same
return rate μ, the same volatility σ, but the first advisor has interest r₁ and the second advisor
has interest rate r2 (r1>r2). They both use a CRR model with the same number of periods to
price the option. Which advisor will get the larger price? (Explain your answer.)
Chapter 9 Solutions
Mathematics for the Trades: A Guided Approach, Books a la Carte edition (11th Edition)
Ch. 9.1 - What is the perimeter of a regular hexagon with...Ch. 9.1 - Find the area:Ch. 9.1 - Find the volume of each of the following right...Ch. 9.1 - Find the volume of each of the following right...Ch. 9.1 - Find the volume of each of the following right...Ch. 9.1 - Find the volume of each of the following right...Ch. 9.1 - Prob. 5AECh. 9.1 - Find the volume of each of the following right...Ch. 9.1 - Find the volume of each of the following right...Ch. 9.1 - Find the volume of each of the following right...
Ch. 9.1 - Find the lateral surface area and the volume of...Ch. 9.1 - Find the lateral surface area and the volume of...Ch. 9.1 - Find the lateral surface area and the volume of...Ch. 9.1 - Find the lateral surface area and the volume of...Ch. 9.1 - Find the lateral surface area and the volume of...Ch. 9.1 - Find the lateral surface area and the volume of...Ch. 9.1 - C. Find the total outside surface area and the...Ch. 9.1 - C. Find the total outside surface area and the...Ch. 9.1 - C. Find the total outside surface area and the...Ch. 9.1 - C. Find the total outside surface area and the...Ch. 9.1 - C. Find the total outside surface area and the...Ch. 9.1 - C. Find the total outside surface area and the...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.1 - Practical Applications. Round to the nearest tenth...Ch. 9.2 - What type of triangle has two equal sides?Ch. 9.2 - What is the formula for the area of an equilateral...Ch. 9.2 - Prob. 1AECh. 9.2 - Prob. 2AECh. 9.2 - Prob. 3AECh. 9.2 - Prob. 4AECh. 9.2 - Prob. 5AECh. 9.2 - Prob. 6AECh. 9.2 - Prob. 7AECh. 9.2 - Prob. 8AECh. 9.2 - Find the total outside surface area and volume of...Ch. 9.2 - Find the total outside surface area and volume of...Ch. 9.2 - Find the total outside surface area and volume of...Ch. 9.2 - Find the total outside surface area and volume of...Ch. 9.2 - Find the total outside surface area and volume of...Ch. 9.2 - Find the total outside surface area and volume of...Ch. 9.2 - Find the total outside surface area and volume of...Ch. 9.2 - B. Find the total outside surface area and volume...Ch. 9.2 - Prob. 1CECh. 9.2 - C. Practical Applications Metalworking A...Ch. 9.2 - Prob. 3CECh. 9.2 - C. Practical Applications Agriculture How many...Ch. 9.2 - C. Practical Applications Sheet Metal Trades How...Ch. 9.2 - C. Practical Applications Construction How many...Ch. 9.3 - What is the formula for the circumference of a...Ch. 9.3 - Find the area of a circle with diameter 10 cm....Ch. 9.3 - Find the lateral surface area and volume of each...Ch. 9.3 - Find the lateral surface area and volume of each...Ch. 9.3 - Find the lateral surface area and volume of each...Ch. 9.3 - Find the lateral surface area and volume of each...Ch. 9.3 - Find the lateral surface area and volume of each...Ch. 9.3 - Find the lateral surface area and volume of each...Ch. 9.3 - Find the total surface area and volume of each of...Ch. 9.3 - Find the total surface area and volume of each of...Ch. 9.3 - Find the total surface area and volume of each of...Ch. 9.3 - Find the total surface area and volume of each of...Ch. 9.3 - Find the total surface area and volume of each of...Ch. 9.3 - Find the total surface area and volume of each of...Ch. 9.3 - Practical Applications. (Round to the nearest...Ch. 9.3 - Practical Applications. (Round to the nearest...Ch. 9.3 - Practical Applications. (Round to the nearest...Ch. 9.3 - Practical Applications. (Round to the nearest...Ch. 9.3 - Practical Applications. (Round to the nearest...Ch. 9.3 - Practical Applications. (Round to the nearest...Ch. 9.3 - Practical Applications. (Round to the nearest...Ch. 9.3 - Industrial Technology How high should a 50-gal...Ch. 9.3 - Plumbing A marble-top bathroom sink has the shape...Ch. 9.3 - Sheet Metal Trades How many square inches of sheet...Ch. 9.3 - Machine Trades What is the weight of the bushing...Ch. 9.3 - Manufacturing Find the capacity in gallons of the...Ch. 9.3 - Plumbing A septic tank has the shape shown in the...Ch. 9.3 - Construction How many cubic yards of concrete are...Ch. 9.3 - Machine Trades At a density of 0.0925 lb/in.3,...Ch. 9.3 - Painting A spherical tank has a diameter of 16.5...Ch. 9.3 - Industrial Technology A cylindrical tank 72 cm in...Ch. 9.3 - Agriculture The water tower shown in the figure...Ch. 9.3 - Automotive Trades In an automobile engine, the...Ch. 9.3 - Automotive Trades A cylindrical hose 24 in. long...Ch. 9.3 - Agriculture The water trough shown in the figure...Ch. 9.3 - Painting The metal silo shown in the figure has a...Ch. 9.3 - Construction An outdoor cylindrical fire pit has...Ch. 9.3 - Water/Wastewater Treatment Due to a rupture in a...Ch. 9.3 - Manufacturing If a particular extrusion process is...Ch. 9.4 - Find c:Ch. 9.4 - Prob. 2LCCh. 9.4 - Find the lateral surface area and volume of each...Ch. 9.4 - Find the lateral surface area and volume of each...Ch. 9.4 - Find the lateral surface area and volume of each...Ch. 9.4 - Find the lateral surface area and volume of each...Ch. 9.4 - Prob. 1BECh. 9.4 - Prob. 2BECh. 9.4 - Find the lateral surface area and volume of each...Ch. 9.4 - Find the lateral surface area and volume of each...Ch. 9.4 - Prob. 1CECh. 9.4 - Find the volume of each figure. (Use 3.14 and...Ch. 9.4 - Find the volume of each figure. (Use 3.14 and...Ch. 9.4 - Find the volume of each figure. (Use 3.14 and...Ch. 9.4 - Prob. 1DECh. 9.4 - Prob. 2DECh. 9.4 - Prob. 3DECh. 9.4 - Practical Applications. (Round to the nearest...Ch. 9.4 - Prob. 5DECh. 9.4 - Practical Applications. (Round to the nearest...Ch. 9.4 - Practical Applications. (Round to the nearest...Ch. 9.4 - Practical Applications. (Round to the nearest...Ch. 9.4 - Prob. 9DECh. 9.4 - Welding A cone-shaped hopper is constructed by...Ch. 9.4 - Prob. 11DECh. 9.4 - Practical Applications. (Round to the nearest...Ch. 9.4 - Practical Applications. (Round to the nearest...Ch. 9 - Identify solid figures, including prisms, cubes,...Ch. 9 - Find the surface area and volume of solid objects....Ch. 9 - Solve practical problems involving solid figures....Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Prob. 12APSCh. 9 - Prob. 13APSCh. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Prob. 17APSCh. 9 - Solve the following problems involving solid...Ch. 9 - Solve the following problems involving solid...Ch. 9 - Prob. 20APSCh. 9 - Prob. 21APSCh. 9 - Practical Applications Manufacturing How many...Ch. 9 - Practical Applications Construction How many cubic...Ch. 9 - Practical Applications Metalworking What is the...Ch. 9 - Practical Applications Plumbing What is the...Ch. 9 - Practical Applications Painting How many quarts of...Ch. 9 - Practical Applications Construction A hole must be...Ch. 9 - Practical Applications Manufacturing How many...Ch. 9 - Practical Applications Industrial Technology What...Ch. 9 - Practical Applications Automotive Trades At a...Ch. 9 - Practical Applications Masonry A slim jumbo...Ch. 9 - Practical Applications Construction A foundation...Ch. 9 - Practical Applications Manufacturing How many...Ch. 9 - Practical Applications Construction How many cubic...Ch. 9 - Practical Applications Sheet Metal Trades How many...Ch. 9 - Practical Applications Industrial Technology Find...Ch. 9 - Prob. 16BPSCh. 9 - Prob. 17BPSCh. 9 - Practical Applications Welding A rectangular tank...Ch. 9 - Practical Applications Automotive Trades An oil...Ch. 9 - Practical Applications Welding Calculate the...Ch. 9 - Prob. 21BPSCh. 9 - Practical Applications Welding Calculate the...Ch. 9 - Masonry A square pillar is built using 1558...Ch. 9 - Landscaping In the figure shown below, the solid...Ch. 9 - Carpentry A granite kitchen countertop is 1516 in....Ch. 9 - Prob. 26BPSCh. 9 - Prob. 27BPSCh. 9 - Prob. 28BPSCh. 9 - Prob. 29BPSCh. 9 - Prob. 30BPSCh. 9 - Landscaping A landscape contractor needs to fill...
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 5. We consider a put option with strike price K and expiration T. This option is priced using a 1-period CRR model. We consider r > 0, and σ > 0 very large. What is the approximate price of the option? In other words, what is the limit of the price of the option as σ∞. (Briefly justify your answer.)arrow_forwardQuestion 6. You collect daily data for the stock of a company Z over the past 4 months (i.e. 80 days) and calculate the log-returns (yk)/(-1. You want to build a CRR model for the evolution of the stock. The expected value and standard deviation of the log-returns are y = 0.06 and Sy 0.1. The money market interest rate is r = 0.04. Determine the risk-neutral probability of the model.arrow_forwardSeveral markets (Japan, Switzerland) introduced negative interest rates on their money market. In this problem, we will consider an annual interest rate r < 0. We consider a stock modeled by an N-period CRR model where each period is 1 year (At = 1) and the up and down factors are u and d. (a) We consider an American put option with strike price K and expiration T. Prove that if <0, the optimal strategy is to wait until expiration T to exercise.arrow_forward
- We consider an N-period CRR model where each period is 1 year (At = 1), the up factor is u = 0.1, the down factor is d = e−0.3 and r = 0. We remind you that in the CRR model, the stock price at time tn is modeled (under P) by Sta = So exp (μtn + σ√AtZn), where (Zn) is a simple symmetric random walk. (a) Find the parameters μ and σ for the CRR model described above. (b) Find P Ste So 55/50 € > 1). StN (c) Find lim P 804-N (d) Determine q. (You can use e- 1 x.) Ste (e) Find Q So (f) Find lim Q 004-N StN Soarrow_forwardIn this problem, we consider a 3-period stock market model with evolution given in Fig. 1 below. Each period corresponds to one year. The interest rate is r = 0%. 16 22 28 12 16 12 8 4 2 time Figure 1: Stock evolution for Problem 1. (a) A colleague notices that in the model above, a movement up-down leads to the same value as a movement down-up. He concludes that the model is a CRR model. Is your colleague correct? (Explain your answer.) (b) We consider a European put with strike price K = 10 and expiration T = 3 years. Find the price of this option at time 0. Provide the replicating portfolio for the first period. (c) In addition to the call above, we also consider a European call with strike price K = 10 and expiration T = 3 years. Which one has the highest price? (It is not necessary to provide the price of the call.) (d) We now assume a yearly interest rate r = 25%. We consider a Bermudan put option with strike price K = 10. It works like a standard put, but you can exercise it…arrow_forwardIn this problem, we consider a 2-period stock market model with evolution given in Fig. 1 below. Each period corresponds to one year (At = 1). The yearly interest rate is r = 1/3 = 33%. This model is a CRR model. 25 15 9 10 6 4 time Figure 1: Stock evolution for Problem 1. (a) Find the values of up and down factors u and d, and the risk-neutral probability q. (b) We consider a European put with strike price K the price of this option at time 0. == 16 and expiration T = 2 years. Find (c) Provide the number of shares of stock that the replicating portfolio contains at each pos- sible position. (d) You find this option available on the market for $2. What do you do? (Short answer.) (e) We consider an American put with strike price K = 16 and expiration T = 2 years. Find the price of this option at time 0 and describe the optimal exercising strategy. (f) We consider an American call with strike price K ○ = 16 and expiration T = 2 years. Find the price of this option at time 0 and describe…arrow_forward
- No chatgpt pls will upvote Alreadyarrow_forwardFind the LaPla se trnsofrom of a) chi-square Distribution. b) Normal Distribution. C) Gamma Distribution. prove that Binomial (n, 2) Poisson (2) *********************arrow_forward2.2, 13.2-13.3) question: 5 point(s) possible ubmit test The accompanying table contains the data for the amounts (in oz) in cans of a certain soda. The cans are labeled to indicate that the contents are 20 oz of soda. Use the sign test and 0.05 significance level to test the claim that cans of this soda are filled so that the median amount is 20 oz. If the median is not 20 oz, are consumers being cheated? Click the icon to view the data. What are the null and alternative hypotheses? OA. Ho: Medi More Info H₁: Medi OC. Ho: Medi H₁: Medi Volume (in ounces) 20.3 20.1 20.4 Find the test stat 20.1 20.5 20.1 20.1 19.9 20.1 Test statistic = 20.2 20.3 20.3 20.1 20.4 20.5 Find the P-value 19.7 20.2 20.4 20.1 20.2 20.2 P-value= (R 19.9 20.1 20.5 20.4 20.1 20.4 Determine the p 20.1 20.3 20.4 20.2 20.3 20.4 Since the P-valu 19.9 20.2 19.9 Print Done 20 oz 20 oz 20 oz 20 oz ce that the consumers are being cheated.arrow_forward
- T Teenage obesity (O), and weekly fast-food meals (F), among some selected Mississippi teenagers are: Name Obesity (lbs) # of Fast-foods per week Josh 185 10 Karl 172 8 Terry 168 9 Kamie Andy 204 154 12 6 (a) Compute the variance of Obesity, s²o, and the variance of fast-food meals, s², of this data. [Must show full work]. (b) Compute the Correlation Coefficient between O and F. [Must show full work]. (c) Find the Coefficient of Determination between O and F. [Must show full work]. (d) Obtain the Regression equation of this data. [Must show full work]. (e) Interpret your answers in (b), (c), and (d). (Full explanations required). Edit View Insert Format Tools Tablearrow_forwardH.w WI M Wz dy A Sindax Sind ①dlmax У тах at 0.75m from A W=6KN/M L=2 W2 = 9 KN/m P= 10 KN Barrow_forwardNo chatgpt pls will upvotearrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Elementary Geometry For College Students, 7eGeometryISBN:9781337614085Author:Alexander, Daniel C.; Koeberlein, Geralyn M.Publisher:Cengage,
Algebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
Trigonometry (MindTap Course List)TrigonometryISBN:9781305652224Author:Charles P. McKeague, Mark D. TurnerPublisher:Cengage Learning
Mathematics For Machine TechnologyAdvanced MathISBN:9781337798310Author:Peterson, John.Publisher:Cengage Learning,
Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell
Elementary Geometry for College StudentsGeometryISBN:9781285195698Author:Daniel C. Alexander, Geralyn M. KoeberleinPublisher:Cengage Learning
Elementary Geometry For College Students, 7e
Geometry
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Cengage,
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry
ISBN:9781305652224
Author:Charles P. McKeague, Mark D. Turner
Publisher:Cengage Learning
Mathematics For Machine Technology
Advanced Math
ISBN:9781337798310
Author:Peterson, John.
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
Elementary Geometry for College Students
Geometry
ISBN:9781285195698
Author:Daniel C. Alexander, Geralyn M. Koeberlein
Publisher:Cengage Learning
The surface area and volume of cone, cylinder, prism and pyramid; Author: AtHome Tuition;https://www.youtube.com/watch?v=SlaQmaJCOt8;License: Standard YouTube License, CC-BY