Suppose $\{X_n\}$ is an irreducible Markov Chain on finite state space $S$. Then, the number of eigenvalues of the transition matrix with unit modulus is precisely equal to the period of the chain.
I don't really know where to start. I know that if $P$ is the transition matrix, then $P^d$ is block diagonal with diagonal blocks aperiodic and irreducible. Now, I was thinking of finding eigenvalues of unit modulus for $P^d$, which would in turn be eigenvalues with unit modulus of the block diagonal matrices.
But I don't think this yields anything.
Please give me a hint only, and NOT a proof.