Since the average price must be greater than or equal to the minimum price, the lookback call can pay more.
Q-19.2(b). For the same maturity and path, the Asian average strike call cannot pay more than the floating lookback call. | Financial Risk Manager Part 1 Quiz - LeetQuiz
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Q-19.2(b). For the same maturity and path, the Asian average strike call cannot pay more than the floating lookback call.
