Consider an down-and-out put option when the underlying asset price is close to the barrier level. When the volatility decreases, the option

	A.	becomes more valuable.
	B.	stays the same value.
	C.	we cannot tell whether the value will increase or decrease.
	D.	becomes less valuable.

Consider an Asian stock option which has a life of nine months. Over the nine months the average stock price is $71, and the stock price at the end of nine months is $73. What is the payoff of an average price put with the strike price of $70 to the long party?

	A.	$0
	B.	-$2
	C.	$1
	D.	$3