Let {ei;i = 0,±1,±2,…} be
a family of projections with the property; (a) eiei±1ei = λei for some λ ≤ 1, (b)
eiej = ejei for |i − j|≥ 2, (c) the von Neumann algebra M generated by the family
{ei;i = 0,±1,±2,…} is a hyperfinite II1-factor with the trace tr and (d)
tr(wei) = λ tr(w) if w is a word on 1 and ej(j ≤ i − 1). Let N be a von Neumann
algebra generated by {ei;i = ±1,±2,…}. Then N is a subfactor of M. If
λ = (1∕4)sec2(π∕m) for some integer m (m ≥ 3), then N′∩M = C1 and the index
[M : N] = (m∕4)cosec2(π∕m).
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