UNIVERSITY You are logged in as Yukta Sharma 2020/FA Finance II (BUSI-3361-18, BUSI- 3361-16) Question 42 Not yet answered Marked out of 1.00 P Flag question MM's proposition II states that the: Select one: a greater the proportion of equity, the higher the expected return on debt. O b. expected return on equity increases as financial leverage increases. C. expected return on assets decreases as expected return on debt decreases. O d. firm's capital structure is irrelevant to value determination. Previous page Next page