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Question 16 (1 point) Following Modigliani and Miller with taxes and bankruptcy, when a company is past the optimal debt-to-equity ratio, the value of the

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Question 16 (1 point) Following Modigliani and Miller with taxes and bankruptcy, when a company is past the optimal debt-to-equity ratio, the value of the company is _ for the firm. O at the midpoint level past its highest level past its lowest level Irrelevant

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