I think we’re talking about Miller-Modigliani [1] which says that enterprise value should not change as capital structure changes. However it presumes many untr

I think we’re talking about Miller-Modigliani [1] which says that enterprise value should not change as capital structure changes. However it presumes many untrue aspects of the world in order to make this claim. [1] https://en.m.wikipedia.org/wiki/Modigliani–Miller_theorem https://en.m.wikipedia.org/wiki/Modigliani–Miller_theorem