I have a question of applying Ito's Lemma in the following problem,
Assume both X and Y follow the Geometric Brownian Motion, how to use Ito's Lemma to get the process of X/(X+Y)?
Thank you very much for your time and help!
I have a question of applying Ito's Lemma in the following problem,
Assume both X and Y follow the Geometric Brownian Motion, how to use Ito's Lemma to get the process of X/(X+Y)?
Thank you very much for your time and help!
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