I know it evaluates to rt−12σ2t2σ√t but how to get there is the problem.
Using L'Hôpital you find limn→∞ert/n+σ√t/n−1e2σ√t/n−1=12
But L'Hôpital doesn't work on the whole thing. The only limit calculator that could figure it out was wolfram but that couldn't give me the steps to get there.
using Taylor series expansion gives me:limn→∞√n(∑∞k=0(rt/n+σ√t/n)−1∑∞k=0(2σ√t/n)k−1−12)
But I fail to see how to go further from here, any help would be appreciated
Answer
n:=tx2>0
limn→∞√n(ert/n+σ√t/n−1e2σ√t/n−1−12)=limx→0√t2σx((rx+σ)erx2+σx−1rx2+σx2σxe2σx−1−σ)
=limx→0√t2σ(r+(rx+σ)rx+σ2!(2σx)00!B0+(rx+σ)(rx2+σx)01!2σ1!B1+x⋅…)
=√t2σ(r−σ22)
Bn are the Bernoulli numbers and we need here B0=1 and B1=−12 .
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