As the Number of Steps in the CRR Binomial Tree

Multiple Choice

As the number of steps in the CRR binomial tree increases (keeping maturity fixed) , the solution "converges" to a limit result. Which of the following statements characterizes this convergence best?

A) The solution results in the Black-Scholes formula.
B) The convergence may be oscillatory for even and odd number of steps in the tree.
C) The convergence may be monotonic for even and odd number of steps in the tree.
D) All of the above.