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Which of the following two Modigliani and Miller Proposition I conditions are relaxed in the Static Tradeoff Model? Costs of financial distress and symmetric information

Which of the following two Modigliani and Miller Proposition I conditions are relaxed in the Static Tradeoff Model?

  • Costs of financial distress and symmetric information

  • Costs of financial distress and taxes

  • Costs of financial distress and complete markets

  • Costs of financial distress and invariant investment behavior

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