While the value of a stock is independent of the call holder's behavior,the value of a R&D investment is not independent of the investor's behavior.

Question

Quizplus · Accepted Answer

The value of a R&D investment is dependent on the investor's behavior as they are the ones driving the investment and making decisions that can impact its success or failure. Factors such as the level of resources allocated, the level of commitment, and the quality of decision making can all impact the value of the investment. Therefore, the behavior of the investor is a key factor in determining the eventual outcome of the investment.

While the Value of a Stock Is Independent of the Call