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Business, 30.04.2021 22:10 xojade

MM Proposition I with no tax supports the argument that: A. business risk determines the return on assets. B. it is completely irrelevant how a firm arranges its finances. C. the cost of equity rises as leverage rises. D. a firm should borrow money up to the point where the cost of debt equals the cost of equity. E. financial risk is determined by the debt-equity ratio.

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