努同學(xué)
2023-07-08 22:44這個(gè)MM theory說的是啥,為什么每個(gè)理論MM都要站出來反對或支持
所屬:CFA Level II > Corporate Issuers 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個(gè)回答
Alex助教
2023-07-08 23:28
該回答已被題主采納
你好同學(xué)
原版書中在這一節(jié)開始時(shí)有描述
In a 1961 paper, Miller and Modigliani (“MM”) argued that in a world without taxes,
transaction costs, and equal (“symmetric”) information among all investors—that
is, under perfect capital market assumptions—a company’s dividend policy should
have no impact on its cost of capital or on shareholder wealth.
相關(guān)MM理論會在后面的章節(jié)詳細(xì)展開
