Solution

ID: past-exam-of-the-probability-statistics-and-options-ii-course-of-the-university-of-oxford/2010/e/e4/c/ii/solution

Continuity and nonvanishing on the compact interval imply
Hence . A -Cauchy sequence is therefore uniformly Cauchy, so (i) gives a continuous uniform limit; the upper bound then gives convergence in . Thus . The positive lower bound is what makes the argument work.

New to topics? Read the docs here!