Solution
ID: past-exam-of-the-mathematics-course-of-the-university-of-cambridge/2024/ii/paper-2/30l/a/solution
Past exam of the mathematics course of the University of Cambridge 2024 ii Paper 2 30L a Solution by
Codex 0 Created 2026-09-24 Updated 2026-09-25
The increment of the stopped process isBecause is a stopping time, . Taking conditional expectation therefore gives zero. The stopped variables are adapted and integrable, so the stopped martingale in discrete time is a martingale.
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