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Question 6 Not yet Fir answered XYZ Pharmaceuticals entered into a licensing agreement with ABC Lab for a new COVID-19 Vaccine under development. XYZ will

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Question 6 Not yet Fir answered XYZ Pharmaceuticals entered into a licensing agreement with ABC Lab for a new COVID-19 Vaccine under development. XYZ will receive $6.750.000 if the new drug receives Ministry of Health approval. Based on prior approval, XYZ determines that it is 85% likely that the drug will gain approval. The transaction price of this arrangement should be Marted out of 1.00 Flag question Select one a. 56,750,000 5 $5,797,500 O SO until approval is received d: S1072,500

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