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\frac{1-\frac{2}{k^{2}}}{1+\frac{1}{k^{2}}}
Express 2\times \frac{1}{k^{2}} as a single fraction.
\frac{\frac{k^{2}}{k^{2}}-\frac{2}{k^{2}}}{1+\frac{1}{k^{2}}}
To add or subtract expressions, expand them to make their denominators the same. Multiply 1 times \frac{k^{2}}{k^{2}}.
\frac{\frac{k^{2}-2}{k^{2}}}{1+\frac{1}{k^{2}}}
Since \frac{k^{2}}{k^{2}} and \frac{2}{k^{2}} have the same denominator, subtract them by subtracting their numerators.
\frac{\frac{k^{2}-2}{k^{2}}}{\frac{k^{2}}{k^{2}}+\frac{1}{k^{2}}}
To add or subtract expressions, expand them to make their denominators the same. Multiply 1 times \frac{k^{2}}{k^{2}}.
\frac{\frac{k^{2}-2}{k^{2}}}{\frac{k^{2}+1}{k^{2}}}
Since \frac{k^{2}}{k^{2}} and \frac{1}{k^{2}} have the same denominator, add them by adding their numerators.
\frac{\left(k^{2}-2\right)k^{2}}{k^{2}\left(k^{2}+1\right)}
Divide \frac{k^{2}-2}{k^{2}} by \frac{k^{2}+1}{k^{2}} by multiplying \frac{k^{2}-2}{k^{2}} by the reciprocal of \frac{k^{2}+1}{k^{2}}.
\frac{k^{2}-2}{k^{2}+1}
Cancel out k^{2} in both numerator and denominator.
\frac{1-\frac{2}{k^{2}}}{1+\frac{1}{k^{2}}}
Express 2\times \frac{1}{k^{2}} as a single fraction.
\frac{\frac{k^{2}}{k^{2}}-\frac{2}{k^{2}}}{1+\frac{1}{k^{2}}}
To add or subtract expressions, expand them to make their denominators the same. Multiply 1 times \frac{k^{2}}{k^{2}}.
\frac{\frac{k^{2}-2}{k^{2}}}{1+\frac{1}{k^{2}}}
Since \frac{k^{2}}{k^{2}} and \frac{2}{k^{2}} have the same denominator, subtract them by subtracting their numerators.
\frac{\frac{k^{2}-2}{k^{2}}}{\frac{k^{2}}{k^{2}}+\frac{1}{k^{2}}}
To add or subtract expressions, expand them to make their denominators the same. Multiply 1 times \frac{k^{2}}{k^{2}}.
\frac{\frac{k^{2}-2}{k^{2}}}{\frac{k^{2}+1}{k^{2}}}
Since \frac{k^{2}}{k^{2}} and \frac{1}{k^{2}} have the same denominator, add them by adding their numerators.
\frac{\left(k^{2}-2\right)k^{2}}{k^{2}\left(k^{2}+1\right)}
Divide \frac{k^{2}-2}{k^{2}} by \frac{k^{2}+1}{k^{2}} by multiplying \frac{k^{2}-2}{k^{2}} by the reciprocal of \frac{k^{2}+1}{k^{2}}.
\frac{k^{2}-2}{k^{2}+1}
Cancel out k^{2} in both numerator and denominator.