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mantparn mantparn
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7 years ago
Modigliani and Miller argue that when a firm has no acceptable investment opportunities, it should ________.
A) preserve the funds and not declare dividends
B) distribute the surplus funds to the owners
C) lower its cost of capital
D) retain the funds until an acceptable project arises
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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mantparn Author
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7 years ago
*Incredible*
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