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PDF Availablehttps://doi.org/10.1155/2013/709505
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Cite Journal: Abstract and Applied Analysis |  Publication Date: Jan 1, 2013 |
 Citations: 1 |  License type: CC BY 3.0 |
Affiliation: Leibniz University Hannover
The goal of this paper is to prove a compact embedding result for spaces of forward rate curves. As a consequence of this result, we show that any forward rate evolution can be approximated by a sequence of finite dimensional processes in the larger state space.
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