On June 6, 2023, you sold a structured product that has the following features: The maturity date will be 7 years later, on June 6, 2030, with a principal amount of $10 and no interest rate, and an issue price of $10. The product also provides full protection on the principal amount (100%). At maturity, the payoff will be the principal amount plus any positive Supplemental Redemption Amount (SRA).

Index is NASDAQ Composite Index (COMP) normalized to have Initial Index Value = $10

Since Index rate is not available yet(be careful with the time setting), it should be predicted rationally.

Tasks:

Decompose/Break down the structured product's payoff into its components and Plot the structured product's payoff on a graph.

- SRA=$10116%InitialIndexValueFinalIndexValueInitialIndexValue