Binary Options

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) may make a payoff of a fixed amount if a specified event happens and are based on two possible outcomes-yes or no.
E) All of the options are correct.