Prove that P S( ,t) ≥ 0 for all S, t and for all K > 0, r ≥ 0, σ > 0, and T ≥ t.

Prove that P S( ,t) ≥ 0 for all S, t and for all K > 0, r ≥ 0, σ > 0, and T ≥ t.

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