If a stock price follows geometric Brownian motion, what process does A(t) follow where A(t) is the

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If a stock price follows geometric Brownian motion, what process does A(t) follow where A(t) is the arithmetic average stock price between time zero and time t?

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Options Futures and Other Derivatives

ISBN: 978-0134472089

10th edition

Authors: John C. Hull

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Question Posted: Feb 12, 2018 12:24 PM

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If a stock price follows geometric Brownian motion, what process does A(t) follow where A(t) is the

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Assume that we start calculating averages from time zero Th...View the full answer

Options Futures and Other Derivatives

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