The Modigliani-Miller Theorem (M&M) states that it is generally more beneficial to finance corporate growth...
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Finance
The Modigliani-Miller Theorem (M&M) states that it is generally more beneficial to finance corporate growth by issuing shares. it is generally more beneficial to finance corporate growth by borrowing. it is generally more beneficial to finance corporate growth by reinvesting profits. it is irrelevant whether a company finances its growth by borrowing, by issuing stock shares, or by reinvesting its profits
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