A Logical Objection to Both the Multiplicative and Additive Binomial

A logical objection to both the multiplicative and additive binomial is the fact that the underlying factor

A) takes on only one of two possible values at the end of each period.
B) takes on two values at the end of each period.
C) takes on one of many possible values at the end of each period.
D) takes on several of many possible values at the end of each period.
E) none of the above