Why the mm theorem is important

Reference no: EM132001647

Question: The Modigliani Miller (MM) theorem says that under certain assumptions leverage does not affect firm value. Explain what two of those assumptions are, and why the MM theorem is important even though those assumptions are not typically met. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132001647

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