Irrelevance Result

Irrelevance Result
Theorem of Modigliani and Miller stating that the firm’s capital structure has no relevance to the value of the firm.

Related posts:

  1. Modigliani and Miller Proposition I
  2. Modigliani and Miller Proposition II
  3. Mutual Fund Theorem
  4. Portfolio Separation Theorem
  5. Insurance Principle

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