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The M&M Proposition 1, conservation of value, implies that: A. All of the provided answer choices are correct. B. The mix of senior and subordinated

The M&M Proposition 1, conservation of value, implies that:

A.

All of the provided answer choices are correct.

B.

The mix of senior and subordinated debt does not affect the value of the firm's assets.

C.

The mix of senior debt and preferred stock does not affect the value of the firm's assets.

D.

The mix of common stock and preferred stock does not affect the value of the firm's assets.

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