Question: Hull, Derivatives, 9th ed. When the forward rate volatility s(t, T) in HJM is constant, the Ho Lee model results. Verify that this is true

Hull, Derivatives, 9th ed. "When the forward rate volatility s(t, T)

Hull, Derivatives, 9th ed.

"When the forward rate volatility s(t, T) in HJM is constant, the Ho Lee model results." Verify that this is true by showing that HJM gives a process for bond prices that is consistent with the Ho Lee model in Chapter 31

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