You are provided the following discount function data. Fit it to a cubic exponential system with knot
Question:
You are provided the following discount function data. Fit it to a cubic exponential system with knot points every half year until and including t = 4.5 years.
Transcribed Image Text:
t 0.25 0.50 0.75 1.00 1.25 1.50 1.75 2.00 2.25 2.50 2.75 3.00 3.25 3.50 3.75 4.00 4.25 4.50 4.75 5.00 d(t) 0.97092 0.95886 0.94881 0.94160 0.93464 0.92902 0.92497 0.91828 0.91395 0.90934 0.90569 0.90124 0.89710 0.89220 0.89058 0.88761 0.88480 0.88296 0.87922 0.87592
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
We first ran the prog...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Engineering questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
You require inventory and accounts receivable collateral for all C&I loans. You have a guideline of an advance rate of 70% for customer receivables of less than 60 days of age. Older receivables get...
-
For an axisymmetrical body under no force, prove (a) That the rate of retrograde precession can never be less than twice the rate of spin of the body about its axis of symmetry, (b) That in Fig....
-
Corrie wants to earn a net operating income of $10,000 this month. She currently sells her product for $50 each, has $10 of variable expense per product, and incurs $5,000 of fixed expenses. How many...
-
Identify the specific types of transactions relating to shareholders' equity that are tested by an auditor at year end.
-
Consider the following four investments. a) You invest $3,000 annually in a mutual fund that earns 10 percent annually, and you reinvest all distributions. How much will you have in the account at...
-
Write the answer as a solution set, using interval notation, and as a number line graph. 315x-4+3 > 15 2) Discuss how to use the methods and theorems from Chapter 4 to find all exact (unrounded, not...
-
The table below presents the forward curve for a range of maturities. Fit the Nelson Siegel-Svensson model to this forward curve. t (in years) 1/12 1/2 1.0 2.0 3.0 5.0 7.0 10.0 f(t) (in % p.a.) 1.39...
-
Write a general program to compute the coefficients of an exponential cubic spline fitting model given a parameter m. Then apply this program to a fitting of the following discount functions with...
-
The Metal Shop produces 1.8 million metal fasteners a year for industrial use. At this level of production, its total fixed costs are $320,000 and its total costs are $522,000. The firm can increase...
-
A _____________________is a bar graph in which the bars are ordered by size. In Exercises 58, fill in each blank with the appropriate word or phrase.
-
It is known that alcohol consumption increases the risk of liver disease. A study finds that the rate of liver disease is higher among smokers than nonsmokers. Is it reasonable to conclude that...
-
A polling organization placed telephone calls to 1000 people in a certain city to ask them whether they favor a tax increase to build a new school. Two hundred people answered the phone, and 150 of...
-
A recent Pew poll asked people between the ages of 18 and 29 how serious a problem global warming is. Of those who responded, 43% thought it was very serious, 24% thought it was somewhat serious, 15%...
-
Indicate some methods for finding the response of a system under nonperiodic forces.
-
How many Btu of heat must be withdrawn from 5.65 lb of steam at 236.0F to change it to ice at 12.0F?
-
Choose two matrices A and B with dimension 2 x 2. Calculate det A, det B, and det (AB). Repeat this process until you are able to discover how these three determinants are related. Summarize your...
-
Calculate the 2005 price/earnings ratio, price/cash flow ratios, and market/book ratio. Do these ratios indicate that investors are expected to have a high or low opinion of the company?
-
Perform a common size analysis and percent change analysis. What do these analyses tell you about Computron?
-
Use the extended Du Pont equation to provide a summary and overview of Computrons financial condition as projected for 2005. What are the firms major strengths and weaknesses?
-
Steinberg Company had the following direct materials costs for the manufacturing of product T in March: Actual purchase price per pound of direct materials Standard direct materials allowed for units...
-
Examine one recent health-related judicial decision, or a health-related topic that is currently being litigated for the following:...
-
Reading the information provided, please provide a detailed response to the material. Include at least one key point in-text citation and two references to support your response no older tfivean five...
Study smarter with the SolutionInn App