B company announces that due to potential effects, it is pulling one of the leading drugs from the market. As a result, its future expected free cash flow will decline by 85 million per year for the next 10 years. B company has 50 million shares outstanding no debt and a cost of equity of 8%. What is the impact of B company stock price upon announcement, if the announcement was a complete surprise

1. Decline by 1.7
2. Decline by 17
3. Decline by 11.4
4. Decline by 8
5. No answer