Modigliani-Miller Theorem - is it Any Good For Business Valuation?
Equilest
JANUARY 8, 2023
Are they useful in Business Valuation? The Modigliani-Miller theorem is a fundamental principle in finance that . describe the relationship between the capital structure of the firm and its value. . Suppose each firm produces an annual cash flow of 10 million USD. Let's discuss. Why is that?
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