Abstract
This note shows that the main result of Zou, Zhang and Zhang[ Citation 3 ] is false. The value function is not correct and the dividend policy is not necessarily of barrier type.
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Mathematics Subject Classification:
This note shows that the main result of Zou, Zhang and Zhang[ Citation 3 ] is false. The value function is not correct and the dividend policy is not necessarily of barrier type.
Keywords:
Mathematics Subject Classification:
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