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Victor Protsak
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What are the units in the ring of Laurent polynomials?

What are the units in $R[X,X^{-1}]$, where $R$ is a commutative ring with $1$? I know that the question for polynomial rings is a standard textbook exercise. However, I couldn't find a reference for Laurent polynomials, since most people only seem to consider coefficients in an integral domain.

Seb
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