Question: Financial Mathematics Let e be a given integrable function. For each (t, s) E R define B(t, s) = exp E(T) dT. Show that the

Financial Mathematics

Let e be a given integrable function. For each (t, s) E R define B(t, s) = exp E(T) dT. Show that the function B obeys the Principle of Consistency, i.e., B(to, tn) = B(to, t1)...B(tn-1, tn)

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