On Pmt Binary Bits
Key On Pmt Binary Bits in Contingent Claim refers to an optional integer that can be used to indicate that the numerical output of the function On Pmt Fn is meant to be represented in binary form, as described in detail in Contingent Claim.
If omitted, the default is 0, which denotes that the numerical output is a regular number.
A non-0 setting does not change the function's numerical output.
It only affects how that output is displayed in the table Simulated Values of the Simulation Report object generated after a simulation.
For example, if the function's numerical output is the number 5, it would be displayed as 5 if On Pmt Binary Bits = 0, but as T F T if On Pmt Binary Bits = 3
