Exercise 4, § 3
Tag 0294, permanent. Cite it as [Bourbaki, Tag 0294].
Spectral Theories, I, p. 166
Let be a sequence in such that for all integers and , and such that . Let A be the set of formal series
such that
Prove that A is a commutative unital Banach algebra topologically generated by , and that the unique maximal ideal of A is the set of without constant term. (Observe that is quasi-nilpotent.)
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