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According to Modigliani and Miller: A) The market value of a firm does not depend on its capital structure B) For their proposition to be
According to Modigliani and Miller:
A) The market value of a firm does not depend on its capital structure
B) For their proposition to be true, capital markets must be well functioning and efficient
C) Financial managers cannot increase the value of the firm by changing the mix of securities used to finance the firm
D) All of the above
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