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You are opening a pop-up store to sell t-shirts during a week-long street festival. You probably should not use Modigliani-Miller to value this project because
You are opening a pop-up store to sell t-shirts during a week-long street festival. You probably should not use Modigliani-Miller to value this project because the model assumes:
a.All cash flows are perpetuities
b. There is no connection between financing and operating activities
c. Assets are infinitely divisible
d. All investors have the same outlook on the future
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