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Title: When Modigliani and Miller revised their original model to include taxes, they concluded that Post by: yaqub on Apr 26, 2021 When Modigliani and Miller revised their original model to include taxes, they concluded that
▸ firms should reduce their degree of financial leverage. ▸ tax avoidance does not alter a firm's value. ▸ tax increases lower a firm's value. ▸ firms should use only debt in their capital structure. ▸ taxes also have no bearing on the capital structure decision. Title: When Modigliani and Miller revised their original model to include taxes, they concluded that Post by: emilyelizabeth2 on Apr 26, 2021 Content hidden
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