Which one of the below is not an assumption of MM approach?
A) perfect capital market
B) Investors are rational
C) There are no tax
D) there is no cash
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Answered by
1
Answer:
ur answer is A
Explanation:
answer is A
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4
The Modigliani and Miller Approach assumes that there are no taxes, but in the real world, this is far from the truth.
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