1. At time 0, if you have insider information of the stock price at the maturity. Then, option premium at time 0 will be same as if you don't have this information. True or False

2. The exotic option with payoff max[average(St)-K, 0] , where t belongs in time interval [0, T], is an Asian option. Granting Asian options as executive compensation can better align the interests of executives and share holders than call options, because Asian options is path dependent, hence executives need to perform well through the term. True or False