Problem #9: A portfolio has a value P(E, S), so that the value P is a function of E, the price of a Euro in Canadian dollars, and S, the level of the TSX stock index. Presently the portfolio is worth $382,000, while a Euro is $1.50 Canadian, and the index is S = 18,000. ӘР If the partial derivatives of P have values JE = 85,000, and as = -28, what approximately will the portfolio value be if the price of a Euro goes down by 0.07 and the stock index goes down by 679? Problem #9: Just Save Submit Problem #9 for Grading

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Problem #9: A portfolio has a value P(E,S), so that the value P is a function of E, the price of a Euro in Canadian dollars, and
S, the level of the TSX stock index. Presently the portfolio is worth $382,000, while a Euro is $1.50 Canadian,
and the index is S = 18,000.
ƏP
If the partial derivatives of P have values
85,000,
and
as
= -28, what approximately will the portfolio
dE
value be if the price of a Euro goes down by 0.07 and the stock index goes down by 679?
Problem #9:
Just Save
Submit Problem #9 for Grading
Transcribed Image Text:Problem #9: A portfolio has a value P(E,S), so that the value P is a function of E, the price of a Euro in Canadian dollars, and S, the level of the TSX stock index. Presently the portfolio is worth $382,000, while a Euro is $1.50 Canadian, and the index is S = 18,000. ƏP If the partial derivatives of P have values 85,000, and as = -28, what approximately will the portfolio dE value be if the price of a Euro goes down by 0.07 and the stock index goes down by 679? Problem #9: Just Save Submit Problem #9 for Grading
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