Question: please explain in depth so i can understand 1. While we often lump pharmaceutical, biotechnology, and medical device firms together when talking about research and

please explain in depth so i can understand

1. While we often lump pharmaceutical, biotechnology, and medical device firms together when talking about research and development expenditures and innovation, there is significant variation between these industries. With regards to the cost of capital, describe these differences and what is the resulting impact on R&D investment. How does R&D investment impact a firm's cost of capital

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