NO.PZ2023031001000078
问题如下：
According to Modigliani and Miller’s Proposition II without taxes:
选项：
A.the capital structure decision has no effect on the cost of equity.
investment and the capital structure decisions are interdependent.
the cost of equity increases as the use of debt in the capital structure increases
解释：
C is correct. The cost of equity rises with the use of debt in the capital structure (e.g., with increasing financial leverage).
问题1:ＭＭ２是要考虑税盾的影响，题目反而问MM2没有税时，资本结构和公司MV的关系。所以题目问法有问题吗？
问题2：答案C可以解释一下吗？
