The Modigliani-Miller theorem states that a company’s capital structure doesn’t affect its value in perfect markets. While ...

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The capital structure is how a firm finances its operations ... Corporation Finance, and the Theory of Investment.” As an important premise of their work, Modigliani and Miller illustrated ...

The Modigliani-Miller theory is used in financial and economic ... Investors can analyze a company's capital structure to determine its viability as an investment. You can find this information ...