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Modigliani Miller Approach

I got the books from one of my friends who gave Level 1 a few years ago. His Schweser notes has MM approach under one of the readings on Cost of Capital.
However I don’t find MM approach in the current LOS for Level 1.
Is this no longer a part of the syllabus? Can somebody confirm please?

MM was a L2 topic in 2011

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ok thank you guys…..seems like I will have to stick the LOS.

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