Modigliani and Miller demonstrated that if corporate taxes and bankruptcy costs are introduced into an otherwise perfect world the weighted average cost of capital (WACC) will:
A) rise, then plateau, and finally start to fall.
B) fall continuously as more debt is added to the capital structure.
C) not change across the various levels of debt in the capital structure.
D) fall, then bottom out, and finally start to rise. | 
发表于 2007-9-7 08:57
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