Prove that M₁ = et/2 sin(B₁) is a martingale, by using Itô's formula.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter6: The Trigonometric Functions
Section6.6: Additional Trigonometric Graphs
Problem 77E
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Prove that M₁ = et/2 sin(B₁) is a martingale, by using Itô's formula.
Transcribed Image Text:Prove that M₁ = et/2 sin(B₁) is a martingale, by using Itô's formula.
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