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Miller & Modigliani have developed two bills that are of great importance in terms of whether companies can influence their value through changes in their

Miller & Modigliani have developed two bills that are of great importance in terms of whether companies can influence their value through changes in their capital structure? Briefly describe (half A4) - for a layman what is it that Miller & Modigliani means based on their bills and if there is an optimal capital structure (if so, how do you think the company should achieve this)?

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