Which of the following is not an assumption in Miller and Modigliani approach??

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

There are no corporate or personal income tax

TuteeHUB · Answer

Investors are assumed to be rational and behave accordingly

TuteeHUB · Answer

There is no corporate tax though there are personal income tax

TuteeHUB · Answer

Capital markets are perfect

1.	Which of the following is not an assumption in Miller and Modigliani approach??
A.	There are no corporate or personal income tax
B.	Investors are assumed to be rational and behave accordingly
C.	There is no corporate tax though there are personal income tax
D.	Capital markets are perfect
Answer» E.

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