The article is very good, but to me it is normal finance. Many points raised by the author are discussed in undergraduate business classrooms every year. Very g

The article is very good, but to me it is normal finance. Many points raised by the author are discussed in undergraduate business classrooms every year. Very good application of existing theory. https://en.wikipedia.org/wiki/Modigliani%E2%80%93Miller_theorem https://en.wikipedia.org/wiki/Modigliani%E2%80%93Miller_theo...