Question: Please quick. Answer. Show work in pencil. Big Big Cure presenty has a potential blockbuster drug before the Food and Drug Administration FDA) wating for
Please quick. Answer. Show work in pencil. Big Big Cure presenty has a potential blockbuster drug before the Food and Drug Administration FDA) wating for aorovalf spproved Bg Cure's blockbuster drug will produce $1 bilion in net income for Big Cune. Little Cure has ten separate, less important drugs before the FDA waiting for approval. Iif approved, each of Litle Cure's drugs would preduce $150 million in net income for Liftile Cure. The probability of the FDA approving a drug is 50% Cure and Little Cure are both pharmaceutical companies What is the expected payoft for Litle Cure's ten drugs? ??. $1 bilion OC. $150 milion O D. $750 million
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