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In the Miller-Modigliani world of perfect capital markets A. Dividend changes are important B. Dividend changes are irrelevant C. Interest rate swaps are profitable D.

In the Miller-Modigliani world of perfect capital markets

A. Dividend changes are important

B. Dividend changes are irrelevant

C. Interest rate swaps are profitable

D. Stock options are highly profitable

E. None of the above

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