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.

Question

Quizplus · Accepted Answer

Binary options are financial instruments that are based on two possible outcomes - either yes or no. They may make a payoff of a fixed amount if a specified event happens or does not happen. Therefore, both options B and C are correct, making choice E the best answer as it includes all three correct options.