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Author Question: Use the information for the question(s) below.Big Cure and Little Cure are both pharmaceutical ... (Read 31 times)

jazziefee

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on: Jul 9, 2019
Use the information for the question(s) below.

Big Cure and Little Cure are both pharmaceutical companies.  Big Cure presently has a potential "blockbuster" drug before the Food and Drug Administration (FDA) waiting for approval.  If approved, Big Cure's blockbuster drug will produce $1 billion in net income for Big Cure.  Little Cure has ten separate, less important drugs before the FDA waiting for approval.  If approved, each of Little Cure's drugs would produce $100 million in net income for Little Cure.  The probability of the FDA approving a drug is 50%.


What is the expected payoff for Little Cure's ten drugs?
◦ $1 billion
◦ $500 million
◦ $100 million
◦ $0
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Marked as best answer by jazziefee on Jul 9, 2019

vickybb89

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jazziefee

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Reply 2 on: Jul 9, 2019
Excellent

Sarahjh

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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