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ture or false with reason 3. Modigliani and Miller's proposition 1 suggests that the mix of debt and equity in a firm should not impact

ture or false with reason

3. Modigliani and Miller's proposition 1 suggests that the mix of debt and equity in a firm should not impact on the firm's value. This is silly of course because the more debt that is used means the market value of equity will fall

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