The Binomial Model Is a Continuous Method for Valuing Options

question 122

True/False

The binomial model is a continuous method for valuing options.

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Definitions:

Cultural

Pertaining to the ideas, customs, social behaviors, and artifacts of society that are passed down from generation to generation.

Moral

Principles or standards concerning the distinction between right and wrong or good and bad behavior.

Social Brain

The concept that the human brain has evolved to effectively manage social interactions and relationships.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.