Question: 2 . Ch . 1 6 . Please provide an in - depth discussion of Modigliani and Miller capital structure theory without taxes ( see

2. Ch.16. Please provide an in-depth discussion of Modigliani and Miller capital structure
theory without taxes (see section 16-3a). What are the assumptions? Discuss Propositions
MM 1 and II. Be sure to show the equations for each propostition. What does that mean?

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