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The answer should have some critical thinking and class concepts -(Corporate Financial Management). Do not exceed 150 words. Make sure the answer is well written

The answer should have some critical thinking and class concepts -(Corporate Financial Management). Do not exceed 150 words. Make sure the answer is well written and correct. Thanks.

Question is Below:

The financial structure under the M&M theory has no bearing on the value of the firm. Do you know the reason for this?

Hint: Has to do with the accounting equation.

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