The central idea of the Modigliani-Miller theorem is that under certain conditions, the value of a firm is unaffected by how that firm is financed.
莫迪利亚尼-米勒定理的核心思想是,在某些条件下,公司的价值不受其融资方式的影响。
The architect must design for the future while honoring the past.
Sometimes it's the journey that teaches you a lot about your destination.
Geometry is knowledge of the eternally existent.
Reality is a question of perspective; the further you get from the past, the more concrete and plausible it seems.