Foundations of Finance (BMAN23000) Lecture 3 Study Notes: Capital Structure & Modigliani-Miller Theorems | 2025/2026 First-Attempt Pass Guide
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Ace your Foundations of Finance exams with our expertly crafted study notes for BMAN23000, fully updated for the 2025/2026 academic year. This guide provides a comprehensive breakdown of Lecture 3, fo...
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Ace your Foundations of Finance exams with our expertly crafted study notes for BMAN23000, fully updated for the 2025/2026 academic year. This guide provides a comprehensive breakdown of Lecture 3, focusing on the critical topic of Capital Structure and the Modigliani-Miller (M&M) Theorems. Master key concepts, including M&M model assumptions, Proposition 1 in a perfect capital market, and the fundamental equations that govern firm valuation. These clear, concise notes are designed to simplify complex theories, helping you understand the material thoroughly and pass your exams on the first try, avoiding costly resits.
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Published 13 Feb 2026
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