Question: Please explain all the steps. The Cox - Ingersoll - Ross model is used in finance to describe the evolution of interest rates over time.

Please explain all the steps.
The Cox-Ingersoll-Ross model is used in finance to describe the evolution of interest rates over time. The stochastic differential equation describing the evolution of x(t)(which represents the interest rate) is as follows:
Please explain all the steps. The Cox - Ingersoll

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