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In'l: er'es'l: Rate Expected Rate of Cost of Funds Return (36) {%) The table shows the expected rate of return, R&D spending, and interest-rate cost-of-funds

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In'l: er'es'l: Rate Expected Rate of Cost of Funds Return (36) {%) The table shows the expected rate of return, R&D spending, and interest-rate cost-of-funds for a hypothetical firm. If interest-rate cost-offunds fell to 12, the optimal amount of R&D spending would be Multiple Choice 0 $55 million. $65 million. $45 million. 0 0 $?5 million. 0

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