Evaluate $$\frac { \cot \left( \frac { \pi } { 4 } + h \right) - 1 } { h } .$$

question 176

Short Answer

Evaluate
$$\frac { \cot \left( \frac { \pi } { 4 } + h \right) - 1 } { h } .$$

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Definitions:

Cash Value

The amount available in cash upon the cancellation of an insurance policy before it becomes payable upon death or maturity.

Passive Core

An investment strategy focusing on long-term, low-cost investments such as index funds, forming the "core" of a portfolio around which more active investments might rotate.

Portfolio Management

The art and science of making decisions regarding investment mix and policy, matching investments to objectives, and balancing risk against performance.

Portfolio Management Process

The structured approach of managing investments including planning, implementation, and monitoring to achieve specific financial objectives.