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Lookback options have payoffs that: only depend on the minimum price of the underlying asset during the life of the option. depend in part

Lookback options have payoffs that: only depend on the minimum price of the underlying asset during the life 

Lookback options have payoffs that: only depend on the minimum price of the underlying asset during the life of the option. depend in part on the minimum or maximum price of the underlying asset during the life of the option. None of the options are correct. are known in advance. only depend on the maximum price of the underlying asset during the life of the option.

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