As Maturity Approaches,the Delta of an At-The-Money Cash-Or-Nothing Digital Call $1 / 2$

question 40

Multiple Choice

As maturity approaches,the delta of an at-the-money cash-or-nothing digital call option

• A)Increases.
• B)Decreases.
• C)Remains constant.
• D)Converges to a value of \(1 / 2\)
• )