$1.$ What can we do with the number of periods in the binomial lattice in order to increase its

accuracy?

What can we do with the number of simulations in the Monte Carlo Method to increase its

accuracy?

$2.$ Comment on the following factors and how it correlates with the price of a call $($Hint: refer to

the greeks$)$

a$.$ Stock Price

b$.$ Interest Rates

c$.$ Time to maturity $($time remaining$)$

d$.$ Volatility

$3.$ Comment on the following factors and how it correlates with the price of a put $($Hint: refer to

the greeks$)$

a$.$ Stock Price

b$.$ Interest Rates

c$.$ Time to maturity $($time remaining$)$

d$.$ Volatility