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Increasing the number of intervals in the binomial model causes the price shift parameters to change. New estimates are related to: A. the standard deviation

Increasing the number of intervals in the binomial model causes the price shift parameters to change. New estimates are related to:

A. the standard deviation of the underlying asset.

B. the up state multiplier equals the standard deviation divided by root n.

C. the number of intervals in a year.

D. All of the above.

E. None of the above.

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