Question 1: Outline and critically discuss the Miller Modigliani theorems in light of the real company information that you have collected and the academic literature on capital structure. (you can choose one of the energy company: Chevron,Devon Energy,Hess Corporation or Energy Conversion).
Question 2: Critically analyse the relative merits of the capital asset pricing model (CAPM) and empirical approaches to asset pricing (such as the Fama and French model).
Your assignment should not be less than 2000 words.