Fougasse (bread) in Brazil. Fougasse was traditionally used to assess the temperature of a wood fired oven. The time it would take to bake gives an idea of the oven temperature and whether the rest of the bread can be loaded. Fougasse is also a type of pastry from Monaco that is topped with almonds and nuts. It is used to make the French version of calzone, which can have cheese and small squarish strips of bacon inside the pocket made by folding over the bread. Other variations include dried fruit, Roquefort and nuts or olives and goat cheese. It is known
No free lunch with vanishing risk If formula_6 is a semimartingale with values in formula_7 then "S" does not allow for a free lunch with vanishing risk if and only if there exists an equivalent martingale measure formula_8 such that "S" is a sigma-martingale under formula_8. No free lunch with vanishing risk No free lunch with vanishing risk (NFLVR) is a no-arbitrage argument. We have "free lunch with vanishing risk" if by utilizing a sequence of time self-financing portfolios which converge to an arbitrage strategy, we can approximate a self-financing portfolio (called the "free lunch with vanishing risk"). For a semimartingale "S", let formula_1 where a