Question: MSM Proposition I with taxes is based on the concept that: Mutiple Choice the optimal capital structure is the one that is totally financed with

MSM Proposition I with taxes is based on the concept that:
Mutiple Choice
the optimal capital structure is the one that is totally financed with equity.
capital structure is irrelevant because investors and companies have differing tax rates.
WACC is unaffected by a change in the company's capital structure.
the value of a taxable company increases as the level of debt increases.
MSM Proposition I with taxes is based on the

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