The fact that shareholders expected returns rise with the level of debt does not run contrary to

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The fact that shareholders’ expected returns rise with the level of debt does not run contrary to the approach taken by Modigliani and Miller. Why?

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Corporate Finance Theory And Practice

ISBN: 9780470721926

2nd Edition

Authors: Pierre Vernimmen, Pascal Quiry

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Question Posted: May 31, 2024 10:14 AM

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The fact that shareholders expected returns rise with the level of debt does not run contrary to

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Corporate Finance Theory And Practice

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