Let (S) be the solution of [d S_{t}=S_{t}^{2} d W_{t}] where (W) is a Brownian motion. Prove
Question:
Let \(S\) be the solution of
\[d S_{t}=S_{t}^{2} d W_{t}\]
where \(W\) is a Brownian motion. Prove that \(X=1 / S\) is a Bessel process of dimension 3.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Mathematical Methods For Financial Markets
ISBN: 9781447125242
1st Edition
Authors: Monique Jeanblanc, Marc Yor, Marc Chesney
Question Posted:
Students also viewed these Business questions
-
Suppose Kathy sells 2,200 posters. Use the following financial data ($40 sales price, $33 variable cost, $3,710 fixed expenses) to compute her operating leverage factor. If sales volume increases...
-
In Problems 1318, express the graph shown in blue using interval notation. Also express each as an inequality involving x. -1 0 72 + 1 2 3
-
Total Company began operations in 2025 and entered into the following transactions during the year: 1. On May 1, Total Company sold common stock to owners for $200,000 cash. 2. 3. On June 1, Total...
-
(a) A circular diaphragm 60 cm in diameter oscillates at a frequency of 25 kHz as an underwater source of sound used for submarine detection. Far from the source, the sound intensity is distributed...
-
Explain the mechanics of an auction IPO?
-
Does your community have a social entrepreneurship support ecosystem? If so, map it by listing the various support organizations in it. Are these organizations networked in any way? How would you...
-
What are three pieces of information about corporate bonds that you could find in the bond section of a newspaper?
-
Bonita Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 18% of sales. The income statement for the year ending...
-
Please solve for NPV and include how to solve with financial calculator if possible. 1. Paul Restaurant is considering the purchase of a $10,500 souffle maker. The souffle maker has an economic life...
-
Let \(R\) be a \(\mathrm{BES}^{3}\) process starting from 1. Compute \(\mathbb{E}\left(R_{t}^{-1} ight)\). From the absolute continuity relationship \[\mathbb{E}\left(R_{t}^{-1}...
-
With the help of the explicit expression for the semi-group of BM killed at time \(T_{0}(3.1 .9)\), deduce the semi-group of \(\mathrm{BES}^{3}\) from formula (6.1.8). \[\begin{equation*}...
-
A Hall effect flow probe is placed on an artery, applying a 0.100-T magnetic field across it, in a setup similar to that in Figure 22.28. What is the Hall emf, given the vessels inside diameter is...
-
How are product-market, organizational, and financial strategies interdependent? Why, for new ventures, is it important to consider them simultaneously rather than sequentially? Give some examples.
-
What are some ways that simulation can foster better decision making for new ventures? In each case, explain how simulation could be beneficial.
-
What are some important differences between new venture business plans and business plans of established firms?
-
What can you learn from a prospectus? Are the data in an IPO prospectus relevant to a new venture just getting off the ground?
-
Explain the economic rationale for key provisions in a limited partnership agreement, such as limitations on additions of general partners and key person provisions.
-
Why might depreciation on a companys financial statements be different from depreciation the company computed for income tax purposes?
-
Use the method of Example 4.29 to compute the indicated power of the matrix. 1 0 1
-
. Cash Budget The controller of Sonoma Housewares Inc. instructs you to prepare a monthly cash budget for the next three months. You are presented with the following budget information: May June...
-
Question Content Area The cost per equivalent unit of direct materials and conversion in the Bottling Department of Jolt Beverages Company is $0.50 and $0.10, respectively. The equivalent units t...
-
Please help me with this. Java programming. Question 1 Referring to JavaFX application created during Tuesday (7* March) lecture class, modify the program to fulfill below requirement: Around The...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App