Upload
tom-finch
View
222
Download
0
Embed Size (px)
Citation preview
7/31/2019 Introduction to Finance 2009 Solutions
1/7
Fir .c u \ t i- $.001. ism f toc i i_ l.'lm n = -xc-sp u)
\ v / - T ^ 1 -- - y i - "
-' TTT = ,l - 3 ( -S ) $.TT S- 0 . n - - - 3 S*
r i" ^ n- 0 s?*t - A . Jc. ... .. ... .. . - . _ __ .
/ - /O i) n = -2s * 3 C 7 I P 7~7F )
2- ^ S 5. S
- - ~ '
PCA 'O JJ- is J l r - S i t v , & < ( k~'3 .) - (W*($-,0) - .
r ^ y i t " "
? 0 r r - r C T " ^0 r r - r C T " ^
1
7/31/2019 Introduction to Finance 2009 Solutions
2/7
; , - . f t C
Qfcs. puk J?T 5&LL OP*- WA .for S S5 AA(LJar * s 0n = f 3 6
(a) t = T , ( IT = ( - S #< ST) - e
1 -- S * S - s 5? /.
0 T > 0r ( c | - O kdL) 8
7/31/2019 Introduction to Finance 2009 Solutions
3/7
11 o r IVtl
u f(S.i) $ 3 - 0 . f ( 0 t ) = f , - " H )c ( 0 , 0 - @ S . C(S.t) s
(b) kt j ' = ^ > * ^ j (It f (TOLV3b as s
New W in te r 0 owd. t I S r G \1 (S )1
N e k : W(o>0
tjlf _2 .
i t t InSo, 1 I 1
- - iEt Mir) - S M ^ J3 Ax 3ff did h
"3s"9
7/31/2019 Introduction to Finance 2009 Solutions
4/7
& _ if re [ ^ ( r - T j w J3Z 41a I f r ( T - n
, . . . .
-- Dc I. . . . . . . . . . . ._ __
\ . ,m M r s ~ N610') - 3 T s J Y-t MUTJ1 - ckLL - _ ... ?/. _ .S/r-t r =o.T-t)
\ _ v . ^ ' 3 AV) r ^ r t ^ C r - O l C T - tTO-
>._ 1 .... iv . .r- t ) " - l n( S / V ( r + < r V
Ift(ViE) !; r(T-l) i < T (T-4) s 0iS 6I ...
:J .
V
3 . I n =
AVJLLS i Mrfc =
as as.S i* k fWe uUa iXj
7/31/2019 Introduction to Finance 2009 Solutions
5/7
5. &)(o IOT* Hick(I T F as
( i i ) V ( S . i ) - 5S"'e at3 J as1
A .0 a y.
MED - r Et - ' ( , - l 1N(kTat St 31 -he"31 -he"2 3di
- _ l
7/31/2019 Introduction to Finance 2009 Solutions
6/7
I talk- ( 3C \^ t ka- r o J t of c L c U l ' " e- / Vs expcroiitJAi i j i\ W j
E J L y < * l A t . .S t a b l e p f . e e c - Ko n^ o t v - Ci t , f e O - c K UA |QJ e J W i j L -7 (
7/31/2019 Introduction to Finance 2009 Solutions
7/7
% W 1 ? 1 ^ 1 A t . . . . - 1 - "- " -
\ m \ \ 3 IV - 0 < ! - 3 b 5 0 . . , Use 1 3 1 3 0 .
* $ U S U ( U p ) .
. __