Multiple Choice
With respect to a research and development (R&D) program,which of the following can be considered the exercise price?
A) The cost of the R&D program
B) The cost of future investment required to capitalize on the R&D program
C) The returns to the R&D investment
D) The returns to the R&D investment minus the cost of the R&D program
Correct Answer:

Verified
Correct Answer:
Verified
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