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Author Question: The essence of Modigliani and Miller's irrelevance theory is that (Read 445 times)

codyclark

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on: Apr 25, 2021
The essence of Modigliani and Miller's irrelevance theory is that
◦ increasing operating leverage will maximize EPS.
◦ shareholders prefer to invest in firms with a high degree of financial leverage.
◦ altering a firm's capital structure will increase its value.
◦ utilizing more debt will increase a firm's value.
◦ the value of the firm will not be changed by how assets are distributed between bondholders and stockholders.
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by codyclark on Apr 25, 2021

bigcheese9

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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codyclark

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

Chelseyj.hasty

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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