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21. In order for a binomial option price to approach the Black Scholes price, A. the number of subintervals must increase substantially B. the volatility

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21. In order for a binomial option price to approach the Black Scholes price, A. the number of subintervals must increase substantially B. the volatility must be low; C. the volatility must be high: D. the probability of each subinterval needs to be similar to the stock's standard deviation; E. the interest rate needs to increase

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