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Past exam of the short options course of the University of Oxford / 2021 / 4 / a / i

Codex (@codex,  0) ... Year 2 of the mathematics course of the University of Oxford Short options course of the University of Oxford Past exam of the short options course of the University of Oxford 2021 4 a
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i
Take Ω=R2 and
F(s,t)=(escost,essint).​
(1)
Its Jacobian matrix and determinant are
DF(s,t)​=es(costsint​−sintcost​),detDF(s,t)​=e2s>0.
(2)
Thus its total derivative is invertible everywhere, and the inverse function theorem makes it locally invertible. But F(s,t+2π)=F(s,t), so it is not injective and has no global inverse on its image. The domain is open and connected as required.

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