what is the modigliani and miller theory of, Financial Management

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what is the modigliani and miller theory of

What is the Modigliani and Miller theory of dividends? Explain.

The Modigliani-Miller theory of dividends states that dividend theory is not relevant. They state that it is the income produced by assets that is significant, not how funds are distributed.

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Financial Management: what is the modigliani and miller theory of

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