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MM Proposition I states that a firm's value is unaffected by its:
Literature
Written works, such as books and articles, that are studied for their artistic, cultural, or intellectual value.
Fail To Meet Expectations
The inability to achieve the presumed or desired level of performance or result.
Unethical
Acting in ways that are morally wrong or not adhering to accepted principles of right and wrong behavior.
Rejecting Change
The refusal or resistance to accept modifications or transformations.
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