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Business, 28.04.2021 21:10 cedricevans41p4j3kx

Modigliani and Miller followed up their initial work with a new model that incorporated a world with corporate taxes. Which of the statements below results from this​ model? A. A new Proposition I with taxes and it​ states: All debt financing is optimal. B. The more debt​ sold, the greater the tax shield and the smaller the​ government's share of the firm. C. A new Proposition II with taxes and it​ states: The WACC of the firm falls as more debt is added. D. All of these

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