Which one of these statements is true? O O O O 0 The Black Scholes model is most applicable to complex situations. The binomial model is limited to a two-period time sequence. The binomial model is limited to ten time intervals for any single analysis. The binomial model is basically equivalent to the Black Scholes model when there is a single time interval. The Black Scholes model is simpler to use, but for complex situations, the binomial model is preferred