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The _________ states that the value of the firm is determined solely by the value of its assets.

User Treb
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Answer:

M&M proposition

Step-by-step explanation:

M&M proposition is also called Modigliani Miller hypothesis says that the estimation of a firm is unaffected by how that firm is financed. The manner in which an organization funds its advantages decides the capital structure of an organization

An organization can back its activities by either obligation or value or can follow half breed strategy by joining the two.

User Qinsoon
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