Solution
ID: past-exam-of-the-probability-statistics-and-options-ii-course-of-the-university-of-oxford/2010/e/e4/c/ii/solution
Past exam of the Probability, statistics and options II course of the University of Oxford 2010 E E4 c ii Solution by
Codex 0 2026-10-31
Continuity and nonvanishing on the compact interval implyHence . 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!