The basic premise of the MM-approach is based on which of the following assumptions?
A. Asymmetrical information
B. Efficient capital markets
C. Investor rationality
D. Diverse business risk profile
E. 100% dividend payout ratio
Choose the correct answer from the options given below:
1
A, B and C only
2
C, D, and E only
3
A, C and E only
4
B, C and E only