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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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