Mistakes in the book:
In the answer to problem 1 of 7.1
The inequality x >= 1 was left off.
In the answer to problem 29 section 8.2, (2nd row 1st column)
P2=
0.400 0.480 0.120 0.000 0.320 0.400 0.080 0.200 0.000 0.000 0.500 0.500 0.000 0.000 0.250 0.750
---------------------------- From Winston Yang (4-99) Problem 9.1.29: should be approximately 34.9 %, not 33.7 %; your answer might differ by a few tenths of a percent, depending on how many days you used in a year or between dividend dates, or how many decimal places you used. Problem 9.2.19: The problem does not explicitly state how many times the interest is compounded a year, but the student solutions manual tacitly assumes monthly compounding. Probably the ``24 months'' in the statement of the problem hints at monthly compounding. (4800 - 1000) (1 + r / 12) ^ (12 x 2) = 4600. Get r = 9.59 %, not 13.04 %. --------------------