On January 20, 2022, Netix released its quarterly earnings and announced that it had gained 8.5 million new subscribers in the fourth quarter of 2021. However, it projected this growth to slow to 2.5 million new subscribers in the rst quarter of 2022. The stock market responded on the next trading day. Do some quick internet research and consider the following questions. a) What would you expect to happen with Netflix's stock price following such disappointing announcement? Why? Recall stock price is the expected value of a company given all the currently available information about the company. b) Go to http : //:fina_nce . yahoo . com/echarts?s=NFLX+Interactive#{ "range \"2 "6mo" , \"allowChartStacking" :true}. Was the stock traded in the way as you expected over the period on January 21, 2022? What was the closing price on January 20, 2022 and what was the closing price on January 21, 2022? c) Similar to what we did in the lecture, use a supply and demand graph to explain Netix's drastic stock price uctuation on January 21. Recall the axes will be in terms of price of available shares of Netix stock and quantity of available shares of Netix stock