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The Modigliani and Miller proposition states that in the absence of taxes and other frictions capital structure is irrelevant. Explain.
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The Modigliani and Miller proposition states that in the absence of taxes and other frictions capital structure is irrelevant. Explain.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
7th Edition
0030333288, 9780030333286
