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independent over time.
risk-free.
related to the cash flows in previous periods.
known with certainty.
Option C ............................................
Because building a decision tree depends on relating past scenarios to future expectations then C must be the answer "Related to the cash flows in previous periods"
If you want to make a tree it must have a relation: so answer C
My answer is option (C) related to the cash flows in previous periods.
related to theCASH
flows in previous periods is correct answer ,,,,,,,,,,,,,,,,,,,,,,..
>>>>>>>> related to the cash flows in previous periods.
.......... . . . .
............ . . . .
related to the cash flows in previous periods.
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