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Which of the Following Statements Is Most Valid for the Recursive

Question 14

Multiple Choice

Which of the following statements is most valid for the recursive programming of a binomial tree for pricing options?


A) The recursive program requires more lines of code than a non-recursive loop-driven program.
B) The recursive program requires less computer memory than a non-recursive loop-driven program.
C) The recursive program runs slower than a non-recursive loop-driven program.
D) The recursive program runs in polynomial time whereas a non-recursive loop-driven program runs in exponential time.

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