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Question 1 a) Explain Proposition 2 of Case Ill of the Modigliani and Miller (M&M) Theory of Capital Structure. (3 marks) b) What is the

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Question 1 a) Explain Proposition 2 of Case Ill of the Modigliani and Miller (M&M) Theory of Capital Structure. (3 marks) b) What is the optimal capital structure according to the M&M theory Case 111? (2 marks) For the toolbar, bros M. TF10 (PGor ALTHFN+F10(Mac). BTS Paragraph 2 IX Q 1 x x 4 | 14 22 BEBE 38 All 14px + T D E

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