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    Financial Management Theory and Practice Study Set 4
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    Exam 21: Dynamic Capital Structures and Corporate Valuation
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    MM Showed That in a World Without Taxes, a Firm's
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MM Showed That in a World Without Taxes, a Firm's

Question 29

Question 29

True/False

MM showed that in a world without taxes, a firm's value is not affected by its capital structure.

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