Question: Under the same assumptions as those covered in class for the one stock case with constant coefficients, use the dual approach to solve for the
Under the same assumptions as those covered in class for the one stock case with constant coefficients, use the dual approach to solve for the optimal consumption and optimal trading strategy for the case u1(c) = 0 and u2(x) = x /. Hint: consider the form V (t, z) = f(t)z b /b+g(t), where b = 11/(1). Recover the value function for the primal problem.
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