Describe the two modigliani and miller propositions
Problem
Describe the two Modigliani and Miller propositions, the key assumptions underlying them, and their relevance to capital structure decisions. Does M & M propositions remain valid under the Thin Capitalisation rules?
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Describe the two Modigliani and Miller propositions, the key assumptions underlying them, and their relevance to capital structure decisions.
Provide some appropriate examples to illuminate the management and control aspects relating to your answer.
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