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    Derivatives and Risk Management Study Set 2
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    Exam 13: Advanced Derivatives and Strategies
  5. Question
    Modified Lookback Options Fix the Exercise Price and Replace the Expiration
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Modified Lookback Options Fix the Exercise Price and Replace the Expiration

Question 57

Question 57

True/False

Modified lookback options fix the exercise price and replace the expiration price of the asset with the maximum or minimum price.

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