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question 63

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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 10 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 Big Cure's Blockbuster drug?

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Electrocardiogram

A diagnostic test that measures the electrical activity of the heart to identify various heart conditions.

Clear And Legible

Easily readable and understandable, often referring to handwriting or print.

ECG Lead

The use of electrodes on the body to record the electrical activity of the heart from different angles, part of an electrocardiogram.

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The measure of electric potential between two points, which drives the flow of electric current in a circuit.

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