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Question 28 1 pts The reason that MM Proposition I does not hold in the...

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Question 28 1 pts The reason that MM Proposition I does not hold in the presence of corporate taxation is because Levered firms pay more taxes compared with identical unlevered firms. O Bondholders require higher rates of return compared with stockholders. Earnings per share are no longer relevant with taxes. Dividends are no longer relevant with taxes. None of the other answers

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