SEBI sets up committee to review ownership, economic structure of clearing corporations
SEBI sets up committee to review ownership, economic structure of clearing corporations
New Delhi [India], June 4 (ANI): Financial market regulator SEBI has formed a committee to review the ownership and economic structure of clearing corporations and suggest measures to ensure that those entities function as resilient, independent, and neutral risk managers. The ad-hoc committee will be chaired by Usha Thorat, who was a former ...
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SOLVED: MM Proposition I, without taxes, assumes that:- debt is riskless.- all firms will prefer an unlevered capital structure.- individuals and corporations can borrow at the same rate.- Individuals and firms are taxed at the same rate, thereby making taxes irrelevant.- firms can borrow at the risk-free rate.
SOLVED: MM Proposition I, without taxes, assumes that:- debt is riskless.- all firms will prefer an unlevered capital structure.- individuals and corporations can borrow at the same rate.- Individuals and firms are taxed at the same rate, thereby making taxes irrelevant.- firms can borrow at the risk-free rate.
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