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Donna Kakonge
Donna Kakonge,
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Experience:  Owner at Donna Kay Kakonge, MA, ABD
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I am trying to figure out the reason why MM irrelevance

Customer Question

Hi I am trying to figure out the reason why MM irrelevance theory is violated as a result of patents
JA: The tutor can help you get an A on your homework or ace your next test. Tell me more about what you need help with so we can help you best.
Customer: do you need more info then what I just provided?
JA: Is there anything else important you think the tutor should know?
Customer: its corporate finance, violations of the Modigliani-Miller theorem
Submitted: 8 months ago.
Category: Homework
Customer: replied 8 months ago.
Suppose that new security designs could be patented. The patent holder could restrict use of the new design or charge other firm’s royalties for using it. What effect would such patents have upon MM’s capital structure irrelevance theory?
Expert:  Donna Kakonge replied 8 months ago.

Dear Customer,

Is this an essay that needs to be answered or just a general question for homework purposes?

Kindest regards,

Donna Kakonge, BJ, MA, TESOL, LLB, ABD

P.S. When is your deadline to have the answer.

Customer: replied 8 months ago.
Just a question so I can understand the intuition, no specific deadline but this weekend would be most useful
Expert:  Donna Kakonge replied 8 months ago.

Dear Customer,

Great! Thank you. I will have it completed for you by Sunday EDT.

Kindest regards,


Expert:  Donna Kakonge replied 8 months ago.

As well dear Customer, I am to understand that you would like the answer written in British English? I can do that.

Expert:  Donna Kakonge replied 8 months ago.

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