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Business, 11.04.2020 01:10 joshxg227

M&M Proposition I with taxes states that:

A. the optimal capital structure is the all-equity option.
B. the levered value of a firm exceeds the firm’s unlevered value.
C. a firm’s capital structure is irrelevant.
D. the value of a firm is independent of taxes.
E. WACC remains constant given any debt-equity ratio

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M&M Proposition I with taxes states that:

A. the optimal capital structure is the a...

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