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Which of the following statements is most consistent with MM Proposition I? 1 The firm should worry about the tax implications of debt financing. 2

Which of the following statements is most consistent with MM Proposition I?

1 The firm should worry about the tax implications of debt financing.

2 The firm shouldn't use too little debt in their capital structure.

3 The firm shouldn't use too much debt in their capital structure.

4 It doesn't matter whether or not the firm uses debt in their capital structure.

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