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3. ( 5 points) You have invested in a firm's stock and this firm just announced that is CEO is extremely ill and is likely

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3. ( 5 points) You have invested in a firm's stock and this firm just announced that is CEO is extremely ill and is likely to need to leave the firm soon. What do you think will happen to the firm's cost of equity (Ke)? Explain! ( 5 points) I listened to a podeast that mentioned Boeing lost a lawsuit against them due to a series of airplane accidents. Boeing is required to pay $20 billion in damages paid over the next two years. Based on this information, would you agree that it is a bad time to invest in Boeing's stock? Explain

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