"composition" of two characteristic functions

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Suppose $\varphi_Y$ is a characteristic function. Let $p \in (0,1),\ q = 1-p$.

Show $\bar{\varphi}(t) = \frac{p}{1-q \varphi_Y(t)}$ is a characteristic function.

My thoughts:

Let X ~ Ge(p).

Then $\varphi_X(t) = \frac{p}{1-q \exp(it)}$

$\varphi_X(\frac{\ln(\varphi_Y(t))}{i}) = \frac{p}{1-q \varphi_Y(t)} = \bar{\varphi}(t)$

$\bar{\varphi}(t) = \varphi_X(\frac{\ln(\varphi_Y(t))}{i}) = E(\exp( i(\frac{\ln(\varphi_Y(t))}{i})X)) = E(\varphi_Y(t)X) = E(X) \varphi_Y(t) = \frac{q\varphi_Y(t)}{p}$

I don't think this can be right, but I also don't know what I did wrong. Can someone point out what I did wrong? Thanks!

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First of all logarithms of characteristic functions are not well defined. Logarithms in the complex plane are quite complicated. Even if we assume that $\phi_Y(t)$ is positive for each $t$ your calculations are wrong.

$e^{(\ln (\phi_Y(t)) (X)}=((\phi_Y(t))^{X}$, not $(\phi_Y(t)) X$.