CFA Practice Question

There are 131 practice questions for this study session.

CFA Practice Question

Modigliani and Miller's Proposition I states that:

A. The market value of a firm's common stock is independent of its capital structure.
B. The market value of a firm's debt is independent of its capital structure.
C. The market value of any firm is independent of its capital structure.
Correct Answer: C

User Contributed Comments 1

User Comment
sarath Totoal market value of the firm = total values of the outsranding SECURITIES of the firm..
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