What Are The Assumptions Of MM Approach?

What Are The Assumptions Of MM Approach? MM model assumes that there are no floatation costs and no time gaps are required in raising new equity capital. In the practical world, floatation costs must be incurred and legal formalities must be completed and then issues can be floated in the market. Which of the following

What Are The Major Assumption Of MM Model?

What Are The Major Assumption Of MM Model? MM model assumes that there are no floatation costs and no time gaps are required in raising new equity capital. In the practical world, floatation costs must be incurred and legal formalities must be completed and then issues can be floated in the market. Which of the