What is the effect on Modigliani and Millers Proposition 1 of relaxing the assumption that there are

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What is the effect on Modigliani and Miller’s Proposition 1 of relaxing the assumption that there are no information or transaction costs?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:16 AM

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What is the effect on Modigliani and Millers Proposition 1 of relaxing the assumption that there are

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No information or transaction costs means for example that individuals may borrow and lend ...View the full answer

Fundamentals of corporate finance

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