**Q-21.3(a).** True or false: both rainbow and basket option have payoffs that depend on two or more (>1) assets | Financial Risk Manager Part 1 Quiz - LeetQuiz
Financial Risk Manager Part 1
Explanation:
Correct answer: A (True).
Both rainbow options and basket options are multi-asset derivatives. Their essential common feature is that the payoff depends on more than one underlying asset.
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Q-21.3(a). True or false: both rainbow and basket option have payoffs that depend on two or more (>1) assets
