A Multivariate Option That Has a Claim with a Payoff

question 19

Multiple Choice

A multivariate option that has a claim with a payoff determined by the average of two or more asset prices is known as:

• A) Basket options
• B) Multioptions
• C) Quantos options
• D) Rainbow options

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Definitions:

Mitochondria

Membrane-bound cell organelles that produce most of the chemical energy needed to power the cell's biochemical reactions.

Earth's Early History

A period spanning from the formation of Earth about 4.5 billion years ago to the first appearance of abundant, complex life approximately 541 million years ago.

Bombardments

Intense and frequent attacks or hits, often used in the context of celestial bodies impacting a planet.

Plate Tectonics

A scientific theory explaining the motion of the Earth's lithosphere, which is divided into tectonic plates that move over the mantle, leading to many Earth's surface features.