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Modigliani and Miller's Equity Arbitrage Theorem

Number of pages: 10

ABSTRACT:
This 10 page paper is written in two parts. The first part looks at the Modigliani–Miller theorem and shows how it works with a mathematical example. The second part of the paper considers whether the model has been over theorised in its’ development and subsequent examinations. The bibliography cites 6 sources.

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File: TS14_TEmodigmiller.rtf

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