From 1990 to 2021, interest rates in Europe were generally revised downwards. If Modigliani and Miller's 1963

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From 1990 to 2021, interest rates in Europe were generally revised downwards. If Modigliani and Miller's 1963 theory was right, should debt levels of companies have increased or decreased? Debt levels actually fell. State your views.

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Corporate Finance Theory And Practice

ISBN: 9781119841623

6th Edition

Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen

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