You are given the following interest rate tree. Use it when required in the
exercises. 
-What advantage does the Black-Derman-Toy model have over the Ho-Lee model, when comparing the plausibility of the modeled interest rates?
Definitions:
Warranty Policies
The guidelines and conditions under which a manufacturer or seller promises to repair, replace, or refund a product if it fails to meet specified criteria.
Formula Sales Method
The formula sales method is a structured sales approach that follows a predetermined sequence of steps designed to lead a sales interaction towards closing a deal.
Presentation Method
A technique used to deliver information or explanations, often involving visual aids or demonstrations to engage the audience.
Approach Technique
A strategy or method used to initially engage with a potential client or customer in a sales context.
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