a. Should Athie buy the drug for $33 million? b. What is the most Athie should he willing to pay for the Northwestern researcher's drug? c. How would your answer change if the Northwestern biologist had developed her drug two years ago, before Athie started its own REED project? d. Suppose that Merck has also expressed interest in the hiologist's invention. If Merck buys the drug, there is a 50% chance that it will heat Athie's drug to market. If that happens, suppose the second drug to market will earn nothing. Now how much should Abeie be willing to pay for the drug? How much should Merck be willing to pay? (Hint: If Merck buys the drug, it will earn an expected value of 50% of the profits. If Ahhvie buys the drug, then it will surely earn the $100 million in profit, but if it doesn't make the purchase then its chance of winning the REID race is 50%]