An Asian option is a term used to describe which of the following

A. An option where the payoff depends on whether a barrier is hit
B. An option where the payoff depends on the average value of a variable over a period of time
C. An option that trades on an exchange in the Far East
D. Any option with a nonstandard payoff

B

An Asian option is an option whose payoff is calculated from the average value of a variable over a period of time

Business

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Indicate whether the statement is true or false.

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