Your question is Monte Carlo Exotic Pricing. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
How would you price an exotic option using a Monte Carlo simulation?
Explain the risk-neutral pricing setup, simulate the underlying asset paths, calculate the path-dependent payoff, and discount the expected payoff. Implement a practical solution that reports a confidence interval or standard error, uses an appropriate variance-reduction method, and validates convergence as the number of paths increases. Discuss how you would handle early exercise, path dependence, multiple risk factors, and computational constraints.