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Aerelon Airways, a commercial airline, suffers a major crash. As a result, passengers are considered to be less likely to choose Aerelon as their carrier,

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Aerelon Airways, a commercial airline, suffers a major crash. As a result, passengers are considered to be less likely to choose Aerelon as their carrier, and it is expected free cash flows will fall by $20 million per year for five years. If Aerelon has 50 million shares outstanding, an equity cost of capital of 11%, and no debt, by how much would Aerelon's shares be expected to fall in price as a result of this accident? $I. 63 $1. 33 $1. 48 $1. 92

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