Which of the following is NOT one of M&M's perfect capital market assumptions?

A) No taxes
B) Individuals can borrow or lend at the same rate
C) Every party has equal access to information
D) Bankruptcy costs are reasonably low

D

Business

You might also like to view...

Non-digital media provide marketers and consumers with opportunities for much greater interaction and individualization than digital media

Indicate whether the statement is true or false

Business

Robert Cialdini says that "people live up to what they have written down." This illustrates the power of _____

a. authority b. commitment c. scarcity d. reciprocity

Business