Modigliani and Miller Dividend Irrelevance States That in Perfect Capital

question 94

Multiple Choice

Modigliani and Miller Dividend Irrelevance states that in perfect capital markets, holding ________ policy fixed, the firm's choice of dividend policy is irrelevant and does not affect the initial share price.

• A) debt
• B) investment
• C) interest rate
• D) equity issuance

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