A stochastic equation for a martingale). Consider an adapted process x(t) that satisfies the...

A stochastic equation for a martingale). Consider an adapted process x(t) that satisfies the Novikov condition (3.41). Define the processes

(i) Apply Itô’s formula to the function f(y) = ey to show that

Needs help with similar assignment?

We are available 24x7 to deliver the best services and assignment ready within 3-4 hours? Order a custom-written, plagiarism-free paper