Quotient Ring of Cauchy Sequences is Normed Division Ring/Lemma 3

Theorem
Let $\struct {R, \norm {\, \cdot \,} }$ be a normed division ring.

Let $\mathcal {C}$ be the ring of Cauchy sequences over $R$

Let $\mathcal {N} = \set {\sequence {x_n}: \displaystyle \lim_{n \mathop \to \infty} x_n = 0 }$

For all $\sequence {x_n} \in \mathcal {C}$, let $\eqclass {x_n}{}$ denote the left coset $\sequence {x_n} + \mathcal {N}$

Let $\norm {\, \cdot \,}_1:\mathcal {C} \,\big / \mathcal {N} \to \R_{\ge 0}$ be defined by:
 * $\displaystyle \forall \eqclass {x_n}{}: \norm {\eqclass {x_n}{} }_1 = \lim_{n \to \infty} \norm{x_n}$

Then:
 * $\norm {\, \cdot \,}_1$ satisfies the norm axiom (N2).

That is:
 * $\forall \eqclass {x_n}{}, \eqclass {y_n}{} \in \mathcal {C} \,\big / \mathcal {N}: \norm {\eqclass {x_n}{} \eqclass {y_n}{} }_1 = \norm {\eqclass {x_n}{} }_1 \times \norm {\eqclass {y_n}{} }_1$

Proof
Let $\eqclass {x_n}{}, \eqclass {y_n}{} \in \mathcal {C} \,\big / \mathcal {N}$