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    Principles of Corporate Finance Study Set 5
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    Exam 17: Does Debt Policy Matter
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    MM's Proposition Is Violated When the Firm, by Imaginative Design
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MM's Proposition Is Violated When the Firm, by Imaginative Design

Question 14

Question 14

True/False

MM's proposition is violated when the firm, by imaginative design of its capital structure, can offer some financial service that meets the need of such a clientele.

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