홈 > Term: Modigliani and Miller Proposition I
Modigliani and Miller Proposition I
A proposition by Modigliani and Miller which states that a firm cannot change the total value of its outstanding securities by changing its capital structure proportions. Also called the irrelevance proposition.
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- Jessehe
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(V.I.P) 32013 포인트 - 40.13% positive feedback
