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Examples
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The Modigliani-Miller Theorem states that the value of a firm is invariant with respect to its leverage policy in an arbitrage-free market when there is no corporate income tax and no bankruptcy cost.
The Volokh Conspiracy » Greenspan’s ‘The Crisis’ and Modigliani and Miller 2010
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The Modigliani-Miller Theorem states that the value of a firm is invariant with respect to its leverage policy in an arbitrage-free market when there is no corporate income tax and no bankruptcy cost.
The Volokh Conspiracy » Greenspan’s ‘The Crisis’ and Modigliani and Miller 2010
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Leverate Benchmark Feed - delivering arbitrage-free and spike-free forex, CFD, Indices and
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Sophisticated capabilities for calculating present value and Greeks, such as the Vanna-Volga pricing method, arbitrage-free volatility smoothing and continuity corrections for FX barriers
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