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The Modigliani and Miller Independence hypothesis of capitalstructure concludes that?

The Modigliani and Miller Independence hypothesis of capitalstructure concludes that?

 

 

The market value of a firm's common stock will fall if a firmuses long-term debt.

 

 

The total market value of a firm's outstanding securities willbe unaffected by the manner in which a firm finances itsassets.

 

 

The market value of a firm's common stock will rise if a firmuses long-term debt.

 

 

None of the above.

Dec 01 2019 View more View Less

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