What Does the Following Code Do

question 23

Multiple Choice

What does the following code do?
Scanner keyboard = new Scanner(System.in) ;
String filename;
System.out.print("Enter the filename: ") ;
Filename = keyboard.readString() ;
PrintWriter outFile = new PrintWriter(filename) ;

• A) It writes to a file named filename.
• B) It allows the user to enter the name of the file that data will to be written to.
• C) It establishes a connection with a file named filename.
• D) Nothing. The code contains a syntax error.

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Definitions:

Binomial Model

A mathematical model for pricing options that uses a discrete-time framework to trace the evolution of option prices over time.

Risk Free Interest Rate

The theoretical rate of return on an investment with zero risk, typically represented by the yield on government bonds.

Exercise Price

The exercise price is the specified price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.

Binomial Model

A mathematical model used in finance to estimate the price of options by considering two potential outcomes for an asset's price (up and down) over time.