Question: The process for the stock price in equation ( 1 4 . 8 ) is where and are constant. Explain carefully the difference between this

The process for the stock price in equation (14.8) is
where and are constant. Explain carefully the difference between this model and each of the following:
Why is the model in equation (14.8) a more appropriate model of stock price behavior
than any of these three alternatives?

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