The 2-Minute Rule for pnl
$ While in the "function scenario" you liquidate the portfolio at $t_1$ realising its PnL (allow me to simplify the notation a little bit)WillWill 13344 bronze badges $endgroup$ four $begingroup$ Did you not say originally that $V$ is self-funding? In that case there is not any Charge to finance it plus the PnL is always just $V_T-V_t$ concerning a