If we plotted the given data on a graph with R&D expenditures on the horizontal axis, the
A) interest-rate cost-of-funds curve would be a vertical line.
B) interest-rate cost-of-funds curve would slope downward.
C) expected-rate-of-return curve would slope downward.
D) expected-rate-of-return curve would be a horizontal line.
Correct Answer:
Verified
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