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A financial restructuring: a) will not change the value of a company's real assets under M&M Proposition 1. b) includes financial transactions that change the

A financial restructuring:

a) will not change the value of a company's real assets under M&M Proposition 1.

b) includes financial transactions that change the capital structure of the company.

c) means that a company has issued equity to retire debt.

d) both a and b.

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