Discover the groundbreaking Modigliani-Miller Theorem's assertion that a company's value is independent of its financial structure, driven by the present value of its future income. Grasp this foundational principle in corporate finance history designed to demystify capital structure nuances.
Discover the intriguing concepts behind the Efficient Market Hypothesis (EMH) and explore whether the market can really be beaten or if all opportunities for excess returns are just illusions.