Your company plans to relocate part of its offices outside of Paris and to maintain part of the activity of employees in teleworking, as far as possible, for at least 5 years. This decision is expected to reduce operating costs by 200,000 euros per year. a) If investors weren't expecting this news, what would be the most likely effect on your company's stock price of this announcement, given that your company has 50,000 shares outstanding, no debt? and a cost of equity of 10%? b) What is generally the most relevant discount rate when valuing a business using the discounted cash flow method?