Question: Question 2 0 ( 1 point ) If the binomial model is extended to multiple periods for a fixed option life, which of the following

Question 20(1 point)
If the binomial model is extended to multiple periods for a fixed option life, which of the following adjustments must be made?
the up and down factors must be increased
the risk-free rate must be increased
none of the above
the initial stock price must be proportionately reduced
the up and down factors and the risk-free rate must be decreased
Question 2 0 ( 1 point ) If the binomial model is

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