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Abstract
In 1969, Laxton defined a multiplicative group structure on the set of rational sequences satisfying a fixed linear recurrence of degree two. He also defined some natural subgroups of the group, and determined the structures of their quotient groups. Nothing has been known about the structure of Laxton’s whole group and its interpretation. In this paper, we redefine his group in a natural way and determine the structure of the whole group, which clarifies Laxton’s results on the quotient groups. This definition makes it possible to use the group to show various properties of such sequences.
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