Describe the two modigliani and miller propositions, the key assumptions underlying them, and their relevance to capital structure decisions.
| No Comments The Modigliani-Miller propositions, also known as the M&M Propositions, are two seminal papers in the field of corporate finance. The propositions were developed by Franco Modigliani and Merton Miller in 1958 and 1961 respectively. These propositions provide a theoretical framework for analyzing capital structure decisions in a perfect market environment (without taxes or bankruptcy costs).Get the Complete Custom Written Paper Written by […]