Solution

ID: past-exam-of-the-probability-statistics-and-options-ii-course-of-the-university-of-oxford/2007/g/2/ii/solution

For , the Euler-Lagrange equation is
Since has no explicit dependence, the Beltrami identity gives
Solving this first integral, or substituting into the second-order equation, yields
The constants satisfy and . There need not be a solution for arbitrary endpoint data, and when there is one these equations can have more than one pair of constants. These are the possible stationary catenoids, so the axisymmetric second variation of a catenoid still matters when deciding whether they minimize surface area.

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