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The Argument(s) That the Value of a fiRm Is Independent

Question 163

Multiple Choice

The argument(s) that the value of a firm is independent of the firm's capital structure is presented as:


A) M&M Proposition I with no tax.
B) M&M Proposition I with tax.
C) M&M Proposition II with no tax.
D) M&M Proposition II with tax.
E) Both M&M Proposition I and II with no tax.

Correct Answer:

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