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The market price of S(t) of a traded security satisfies the following stochastic differential equation dS(t)=(-c)dt+S(t)dB(t) 1) State the Cameron-Martin Girsanov Theorem 11) State an
The market price of S(t) of a traded security satisfies the following stochastic differential equation dS(t)=(-c)dt+S(t)dB(t)
1) State the Cameron-Martin Girsanov Theorem
11) State an important property of discounted value of a security price process under the risk neutral measure
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