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The Modigliani and Miller's Dividend Irrelevance Theorem is set in a "perfect world." List the four elements that are features of their "perfect world."
Icy Water
Water that is at or near its freezing point, often associated with extreme cold environments or conditions.
Policy Making
The process by which governments and other authoritative bodies develop and implement rules, laws, and guidelines.
Ideological
Pertaining to a system of ideas and ideals, especially one that forms the basis of economic or political theory and policy.
Contingent
Dependent on or conditioned by something else; not absolute or certain.
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