Question: All Models are wrong, but some are useful. Models are not reality. Models are simplified approximations of reality. When building models, sometimes it is best

"All Models are wrong, but some are useful." Models are not reality. Models are simplified approximations of reality. When building models, sometimes it is best to start with the simplest scenario, then gradually adding complexities to it to make it more like the reality. Which model below is introduced in the textbook as the initial scenario of the Modigliani and Miller model?

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