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Mathematics, 12.04.2021 17:40 jaymariepope3334

​Apnex, Inc., is a biotechnology firm that is about to announce the results of its clinical trials of a potential new cancer drug. If the trials are​ successful, Apnex stock will be worth $ 68 per share. If the trials are​ unsuccessful, Apnex stock will be worth $ 18 per share. Suppose that the morning before the announcement is​ scheduled, Apnex shares are trading for $ 56 per share.

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​Apnex, Inc., is a biotechnology firm that is about to announce the results of its clinical trials o...
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