The power of binomial option pricing method is in itsflexibility. Binomial option pricing method can account for path-dependent payoffs.

Risk-neutral pricing option pricing method is independent from the replicating portfolio method in option pricing.

Bitcoin serves as a medium of exchange, just like currencies. Therefore, the currency exposures of Bitcoin returns are high.

The CAPM model is not very successful in the data, because there are risk factors that are not captured by the market risk.

There are several events of inverted yield curve historically. Everytime there is inverted yield curve, the economy booms subsequently.

I am confused about these questions. Please short explain these to me.