Modigliani-Miller Theorem - is it Any Good For Business Valuation?
Equilest
JANUARY 8, 2023
The Modigliani-Miller theorem is a fundamental principle in finance that . Modigliani and Miller developed the idea in the 1950s and published several influential papers on the topic. Their work was groundbreaking at the time and has had a lasting impact on finance. Debt financing: 60% * 100 million USD = $60 million.
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