Question: For Miller and Modigliani's first model ( MM 1 - 1 9 5 8 ) , which are the tax assumption and the optimal capital

For Miller and Modigliani's first model (MM1-1958), which are the tax assumption and the optimal capital structure?
Question 21 options:
no taxes, no optimal capital structure
no taxes, (almost)100% debt
corporate taxes, (almost)100% debt

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