Question: A floating strike lookback call option provides the right a. to change the stock on which the option is written b. to buy the stock

A floating strike lookback call option provides the right

a.

to change the stock on which the option is written

b.

to buy the stock at its lowest price over the option's life

c.

to insure a stock against loss

d.

to change your mind about the exercise price

e.

to average the past stock price depending on the path the stock took

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