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A binary option is a financial exotic option in which the payoff is either some fixed monetary. Investopedia described the binary options trading process in the U. S. thus: [A] binary may be trading at $42. 50. . . the domestic interest rate, and the rest as above, we get the following results. In case of a digital call (this is a call.
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A binary option is a financial exotic option in which the payoff is either some fixed monetary amount or nothing at all. The two main types of binary options are the cash-or-nothing binary.
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