Which of the Following Is NOT One of M&M's Perfect

question 2

Multiple Choice

Which of the following is NOT one of M&M's perfect capital market assumptions?

• A)There are no taxes.
• B)Individuals must borrow (or lend)at the same rate at which a firm can borrow.
• C)There is no asymmetric information in the market place.
• D)There are no costs of bankruptcy.

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