Moving to another question will save this response. Question 7 You work for a pharmaceutical company that has developed a new vaccine. The patent on the vaccine will last the next 10 years. Once the patent expires, other drug companies will be able to produce the same vaccine an $9,247.60 million $7,657.95 million $3,553.13 million $5,691.89 million A Moving to another question will save this response. Close Window y Question 7 of 12 0.666 points Save An ew vaccine. The patent on the vaccine will last 10 years. You expect that the vaccine's profits will be $400 million in its first year and that this amount will grow at a rate of 7% per year for es will be able to produce the same vaccine and competition will drive profits to zero. What is the value of the new vaccine if the interest rate is 8% per year compounded annually? Question 7 of 12 Close Window MacBook Pro