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A key assumption of the Miller and Modigliani (MM) dividend irrelevance argument is that Multiple Choice future stock prices are certain. firms have an adequate
A key assumption of the Miller and Modigliani (MM) dividend irrelevance argument is that
Multiple Choice
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future stock prices are certain.
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firms have an adequate supply of Treasury shares.
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there exists a risk-free asset.
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new shares are sold at a fair price.
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