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According to Miller and Modigliani, in a world without taxes or the possibility of bankruptcy, the value of a firm with debt is... O equal
According to Miller and Modigliani, in a world without taxes or the possibility of bankruptcy, the value of a firm with debt is... O equal to the value of a firm without debt, plus TCD equal to the value of the firm without debt equal to the value of the firm without debt, multiplied by (D/E) equal to the value of the firm without debt, multiplied by the Beta
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