Answer: 42.5%, 7.5%, Independent and Dependent
Explanation:
A: The chance that both FDA will approve and double the value is 50%*85% or 0.50*0.85, or 85*1/2 which is 42.5%
B: 50%*(100-85)%=50%*15%=15%*1/2=7.5%
C: FDA approval is independent because nothing can effect it. However, the stock doubling is dependent, because if FDA does not approve, it will definitely not double.