40.

21

Carbondale Ol announces that a wildcat well that it has sunk in a new oil province has shown the existence of substantial oil reserves. The exploitation of these reserves is expected to Increme Carbondale's tree cash flow by 500 million per year for eight years. It inventore had not been expecting this news, what is the most likely affect on Carbondale's stock price upon the announcement, given that Carbondale has 60 milion shares outstanding, no debt, and an equity cost of capital of 9%2 A nie by $8.30 Brise by $9.36 Crise by $6.64 D. no effect su PE Ford Motor Company had realized returns of 10% 20% 20%, and 10% over four quarters. What is the quarterly standard deviation of retums for Ford calculated from this sample? OA 6.06% OB. 4.62% OC. 5.77% OD. 52%