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(Previous adapted questions) Question 24: Which is the principal reason that The current firm behavior could not be explained thoroughly only by MM propositions? a)

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(Previous adapted questions) Question 24: Which is the principal reason that "The current firm behavior could not be explained thoroughly only by MM propositions"? a) The optimal capital structure is not the only pursuit of the firm currently b) The finance theory could not be understood by the managements c) MM theories ignored taxes, transactions costs and other effects d) The economy has changed since MM theories e) None of the above

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