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What is the purpose of garbage collection in Java, and when is it used?
The purpose of garbage collection is to identify and discard objects that are no longer required by a program so that their resources can be reclaimed and reused.
A Java object is subject to garbage collection when it becomes unreachable to the program in which it is used.
In the lectures, we have written programs for bond pricing in discrete time. We have also talked about the theory for bond pricing and yields in continuous time. In this exercise,
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