introduction to finance 2010 solutions

7/31/2019 Introduction to Finance 2010 Solutions

1/6

f t p . 0 . 1 0 . XOOf - o I S o iJ

r . n 0-ixO ZS- 3-5 =11-J

r . n 0-ixO ZS.. s =

(ti>) n - 5 .n-r _ >co~ i S - 5 3 7 5 F T * - 1 0 S ^ 5Hrn - c S ^5

' y 5- lO-20

(ii) n - - 3 5 * SC + ZP / r1 k - 5S u ^ 0, 5 - % 3< iE S * 0 , ri=~(, s ~7*L -b ST X 5 - 0Tlx

U n - -1 s ^ H \ ,^ r -

-bb(C) . L a k e . . 1 = i n s at -CL k - 3 * f * -I

at as s 3 5 *i f '+ 4+ 4{(fx + l ^ d f s+ ___ z i SSt) -(fx + l ^ d f s+ y x/ ___ z i SSt) -

0r l - L = 1

_ - laSc t f ffU(tVI 2, T[ [ 1 4 ] "E J V 2 J


2/6

(A) No i i U c L how2 .

La = L , c = 2 ' 1a = L , c = 2 ' 1

(or

h d a H - U A wiMr- f ( t l - O k '

f t ) ft 1 3 a ) 1 *2 0 1 tA

. . . . . - A J & . . . . . . . . . . . ..... . , ~ 0 ,

I ft OK" cLs c- -

0 0 0 5 s 1 - Q i l L 0AA A < T' U V J j t

-

v / \ y < J t

f 0 0 5 r 5 ( 0 ) 2 SKP i ~ 0 O k )0 0 5 r / fr is 0 0 < JD 1T J Id s I U v u J JT L D

Y ( o


3/6

1f u W lOiO,

a c : ^ E t - r ( ^ L v - MCJL )Br,

3 r B

Bis 3 r del*?-

3 i i TS?~ 3ck.v|2n"

- \ J L e *_5 4 J T - t

+ ( T 4 ) f a - ' I ' ' , , N ( t )

3 (;C ( 0 a-B-L W* LiS -if. fjjp = 3 f t 3 4 3 P AW

Ut asAn - , dP - a S P - i < r $ 2 d ^ d l *Ab as 2. WlAn - , dP - a S P - i < r $ 2 d ^ d l *Ab as 2. Wli f

\at z as' asW : An = rdfc....n v at 2 a s 1 / = rdE. pas '- r"P

as at 2 *3$*

BP *" iff'at A, as


4/6

1

, / v / v, 9 ; .Y4-H

A t 2 r - y as- IS e _

U - S e r 1


5/6

lorn fcnfJ*CoC) ^IUJIOLL S t a c k pr . t sL - 5


6/6

(0(0 S l 0 I , \ o wl s l i p or iowrv 20% , r 6 OS

j 2 ^ ^ ^ - " - " " ' ^ ^ * L ^ * > V T ^ . . .

fa. = e ( 0 f(( l - 0b^ i777UV* Z^ ) 0 I'SSt\ . , at f1 J r f i .L i i i . i i . . . . i i i / , . . , , . , | . - , ITi ii I i i i . . . . .

.. ,.. , . 1

P0= e ( 0 i ^ i 7 7 7 ^ Vo ^ ( ( - Ob 2 Vi 7 7 7 v 0 x 3 M s 7 ^ ? Jc $\ -7!50 (^.nA

ffc.cfr (3 f l i . V>?

introduction to finance 2010 solutions

Documents