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Which one of the following is correct about Modigliani and Miller's Proposition I A. the market value of any firm is independent of its capital

Which one of the following is correct about Modigliani and Miller's Proposition I

A.

the market value of any firm is independent of its capital structure

B.

the market value of a firm's debt is independent of its capital structure
C.

the market value of a firm's common stock is independent of its capital structure
D.

None of the options are correct

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