Question: please answer both Question 27 A firm has researched a chemotherapy drug and is taking it through FDA approvals. The next stage of the approval

please answer both
please answer both Question 27 A firm has researched a chemotherapy drug

Question 27 A firm has researched a chemotherapy drug and is taking it through FDA approvals. The next stage of the approval process has been submitted. If the drug passes, it is good news for the company, and the stock price is expected to go up by 40%. If the drug does not pass this stage of FDA approval the company stock price is expected to decrease by 60%. if there is a 80% chance that the drug passes this stage, what is the expected return of the companies stock price? B) 209 80 129 Question 28 4 Points You have decided to invest $60,000 in Apple and 540,000 in Ford. If the expected return of Apple is 12%, and the expected return of Ford is 9%, what is the expected return of your portfolio? 11.4% 10.89 8.9% 10.29%

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