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Briefly discuss how you would use the Fama-French three-factor model to estimate the cost of equity for a firm.
Financing R&D
The process of providing funds for research and development activities, typically to develop new products, services, or technologies.
Marginal Cost
The extra outlay required to produce one more unit of a product or service.
R&D Expenditures
Financial resources dedicated to research and development efforts aimed at developing new products or enhancing current offerings.
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