As per MM Approach, if two firms are equal in all aspects except mode of financing, Overall cost capital as well as the value of both the firms has to be the same.
What is meaning in above paragraph Two firm in equal in all aspect.
As per MM Approach, if two firms are equal in all aspects except mode of financing, Overall cost capital as well as the value of both the firms has to be the same.
What is meaning in above paragraph Two firm in equal in all aspect.
https://www.investopedia.com/walkthrough/corporate-finance/5/capital-structure/modigliani-miller.aspx
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