Definition 3.11 Quantitative Methods · الفصل 3 — Itô Calculus The stochastic exponential of a continuous semimartingale XXX with X0=0X_0 = 0X0=0 is E(X)t=exp(Xt−12[X]t)\mathcal E(X)_t = \exp(X_t - \tfrac12[X]_t)E(X)t=exp(Xt−21[X]t), the unique solution of dZ=Z dXdZ = Z\,dXdZ=ZdX, Z0=1Z_0 = 1Z0=1. اقرأ في الفصل →