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If we denote by S the FOR/DOM exchange rate (i. e. , 1 unit of foreign currency is worth S units of domestic currency) we can.
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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: . In these, S is the initial stock price, K denotes the strike price, T is the time to maturity, . . " Facebook and regulators move to halt cryptocurrency scams" .