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The essence of M&M irrelevance hypothesis is that: a. utilizing more debt will increase a firm's value b. altering a firm's capital structure will increase

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The essence of M&M irrelevance hypothesis is that: a. utilizing more debt will increase a firm's value b. altering a firm's capital structure will increase its value c. the firm value does not change as more debt is used in a firm's capital structure d. sha reholders prefer to invest in firms with a high degree of financial leverage

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