After Much Anticipation a Company Releases a New Smartphone

Multiple Choice

After much anticipation a company releases a new smartphone.The smartphone doesn't work as well as expected and lacks many of the features buyers had been expecting.The unexpectedly negative reaction to the smartphone would

A) raise the present value and the price of the corporation's stock.
B) raise the present value and reduce the price of the corporation's stock.
C) reduce the present value and the price of the corporation's stock.
D) reduce the present value and raise the price of the corporation's stock.