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The binomial option pricing model will converge to what value as the number of periods increases? the intrinsic volatility of the option none of the

The binomial option pricing model will converge to what value as the number of periods increases?

the intrinsic volatility of the option

none of the given choices

the Black

-

Scholes

-

Merton value of the option

the true value of the underlying

a random value

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