What is MM Proposition I?

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter1: An Introduction To Quickbooks Online
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What is MM Proposition I?

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Modigliani and Miller’s approach is an element of economic theory and it forms the basis for modern thinking about the capital structure of the company. This theorem was first proposed by F. Modigliani and M. Miller in 1958.

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