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Question 11 Carla Vista Pharmaceuticals entered into a licensing agreement with Zenith Lab for a new drug under development. Carla Vista will receive 57850000 if

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Question 11 Carla Vista Pharmaceuticals entered into a licensing agreement with Zenith Lab for a new drug under development. Carla Vista will receive 57850000 if the new drug receives FDA approval. Based on prior approval, Carla Vista determines that it is 85% likely that the drug will gain approval. The transaction price of this arrangement should be Oso until approval is received $7850000 56672500 O $1177500 Show Work is REQUIRED for this question: Open Show Work

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