Question: Consider the process define by Xt(b) Prove that the process () ) defined by ) = XP - X, is a martingale. t You may

Consider the process define by Xt(b) Prove that the process () ) defined by ) = XP - X, is a martingale. t You may assume that E(X ) ds image text in transcribed

Consider the process define by Xt(b) Prove that the process () ) defined by ) = XP - X, is a martingale. t You may assume that E(X ) ds

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