6 . Debt Policy a . State and explain M&M ' s Proposition I. b . State...
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Debt Policy
a State and explain M&Ms Proposition I.
b State and explain M&Ms Proposition II
c Briefly describe the traditionalists position on capital structure.
d Draw a graph of return on equity and the return on debt as a function of leverage. Explain its shape.
e Briefly explain the tradeoff theory of capital structure.
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