Question
For an option trading in the money, what is the likely impact on the binomial option price as the number of binomial steps is increased?
For an option trading in the money, what is the likely impact on the binomial option price as the number of binomial steps is increased?
| a. | The impact cannot be determined | |
| b. | The price will fall | |
| c. | The price will remain constant | |
| d. | The price will increase |
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Lombard Street A Description Of The Money Market
Authors: Walter Bagehot
1st Edition
1504017293
