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A Company just announced the development of a new medicine against the virus. The chance of success is 10%. If successful, the stock price will
A Company just announced the development of a new medicine against the virus. The chance of success is 10%. If successful, the stock price will rise by $50 per share. Discuss what will happen to the stock price when this news is announced? And over time-consider of the efficacy of the vaccine? Promising? Immediate Impact? Uninformed Investor?
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