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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
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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