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    Exam 20: Futures, swaps, and Risk Management
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    Binary Options
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Binary Options

Question 2

Question 2

Multiple Choice

Binary Options


A) are based on two possible outcomes - yes or no.
B) may make a payoff of a fixed amount if a specified event happens.
C) may make a payoff of a fixed amount if a specified event does not happen.
D) A and B only.
E) A,B,and C.

Correct Answer:

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