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    Exam 21: Capital Structure Decisions
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    The M&M Proof of Capital Structure Irrelevance Relies On
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The M&M Proof of Capital Structure Irrelevance Relies On

Question 59

Question 59

Multiple Choice

The M&M proof of capital structure irrelevance relies on:


A) arbitrage arguments
B) personal and corporate leverage are perfect substitutes
C) both of the above
D) neither of the above

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