Take a moment to review the Modigliani–Miller (MM) Propositions. Page 201 of the textbook states many of the assumptions supporting the MM Propositions may be unrealistic. Take notes about the propositions and deduce their strengths and weaknesses.
Your assignment is to create a 5-page argumentative/persuasive research paper given one of the following options:
Option 1. Argue for or against one (or both) of the MM Propositions.
Option 2. Argue for or against your own theory.
Option 3. Argue for or against a business decision, organizational plan, business philosophy, policy decision, or concept related to the MM Propositions.
The paper should cite approximately eight peer reviewed full text journal articles retrieved from ProQuest, BE & T, InfoTrac, and Academic OneFile. Your paper should integrate at least the following elements:
The presentation of a firm position regarding your stance or theory.
An offering of a strong position using evidence-based argumentation.
An address of opposing points as to present a well-rounded argument controlling personal biases and strengthening your argument while diminishing the opposition’s points.
An effort to use evidence and argument flow as to instill a sense of trust into your reader.