Solved

Delta Pharmaceuticals Has 200 Million Shares Outstanding with a Current

Question 19

Multiple Choice

Delta Pharmaceuticals has 200 million shares outstanding with a current market price of $30 per share.Its stock rose to $32 on the news that Delta Pharmaceuticals' long-awaited new drug Zentac is to hit the market next month.What's the market's consensus of the NPV that the new drug will generate for Delta Pharmaceuticals?


A) $400 million
B) $6,400 million
C) $6,000 million
D) None of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents