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1. 2. True or False? A change in the debt-to-equity ratio will generally have no effect on business risk. True or False? A key result

1. image text in transcribed 2. True or False? A change in the debt-to-equity ratio will generally have no effect on business risk.

True or False? A key result of the Modigliani and Miller (1958) paper entitled "The Cost of Capital, Corporation Finance and the Theory of Investment" is that the cost of equity is unaffected by a firm's financing decisions

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