The basic lesson of M&M theory (without taxes) for capital structure is that the value of a
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Question:
The basic lesson of M&M theory (without taxes) for capital structure is that the value of a firm is dependent upon the
Ans:1. Capital structure of the firm
2. Total cash flows of the firm
3. Percentage of a firm to which the bondholders have a claim
4. Tax claim placed on the firm by the government
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