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b. c. Explain how capital structure can really create value in organization. Summarise your understanding on the article How much debt is right for your

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b. c. Explain how capital structure can really create value in organization. Summarise your understanding on the article "How much debt is right for your company?". (Hint: it is required to analyse capital structure as a tool to create value in the organization and expressed your understanding on the article) (20 marks) Discuss Modigliani and Miller's Propositions I and II in a world without taxes. (Hint: your answer should be the basic assumptions, results, and intuition of the model) (10 marks) Discuss Modigliani and Miller's Propositions I and II in a world with taxes. (Hint: your answer should be the basic assumptions, results, and intuition of the model) (10 marks) d

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