American Options Can Be Valued Using a Binomial Tree By

Multiple Choice

American options can be valued using a binomial tree by: choose one)

A) Checking whether early exercise is optimal at all nodes where the option is in-the-money
B) Checking whether early exercise is optimal at the final nodes
C) Checking whether early exercise is optimal at the penultimate nodes and the final nodes
D) Increasing the number of time steps on the tree