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Please show all steps and explain po P1 1 If Q(Wi) for each i 4 respect and Calculate x. Problem 7. Let Q {WI, (-02,

Please show all steps and explain

po P1 1 If Q(Wi) for each i 4 respect and Calculate x. Problem 7. Let Q {WI, (-02, w3, 034} and consider the following information structure on Q if W WI if w if w w3 if w w4 . 4, the process X (Xo 5, Xl,X2) is a martingale with 6 X2(w) 5 1

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