[Solved] M&M Proposition I states that a firms cos

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M&M Proposition I states that a firms cost of equity capital is a positive linear function of its capital structure. True or FalseTrue M&M Proposition

M&M Proposition I states that a firms cost of equity capital is a positive linear function of its capital structure.

True or FalseTrue

M&M Proposition II states that it is completely irrelevant how a firm chooses to arrange its finances.

True or False

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