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Merton Howard Miller (May 16, 1923 – June 3, 2000) was an American economist, and the co-author of the Modigliani–Miller theorem (1958), which proposed the irrelevance of debt-equity structure. He shared the Nobel Memorial Prize in Economic Sciences in 1990, along with Harry Markowitz and William F. Sharpe .
The Modigliani–Miller theorem (of Franco Modigliani, Merton Miller) is an influential element of economic theory; it forms the basis for modern thinking on capital structure. [1] The basic theorem states that in the absence of taxes , bankruptcy costs, agency costs , and asymmetric information , and in an efficient market , the enterprise ...
The rational expectations hypothesis is considered by economists [11] to originate in the [12] paper written by Modigliani and Emile Grunberg in 1954. [13] [14] When he was a member of the Carnegie Mellon University faculty, he formulated in 1958, along with Merton Miller, the Modigliani–Miller theorem for corporate finance.
The Ford Mustang I is a small, mid-engined (4-cylinder), open two-seater concept car with aluminium body work that was built by Ford in 1962. Although it shared few design elements with the final production vehicle, it did lend its name to the line.
CJ Pony Parts has also featured multiple vehicles at The SEMA Show including a custom built 1965 Ford Mustang Fastback [3] and 2015 Ford Focus ST on behalf of Ford Motor Company. [4] Aside from Ford Mustang parts, CJ Pony Parts also carries parts for the Ford Focus ST , Ford Fiesta ST , F-150 and early model Ford Bronco along with Jeep ...
The Mustang was a lightweight motorcycle built by Gladden Products Corporation in Glendale, California, [1] [2] from 1946 to 1965. The second production version, the Mustang Model 2, was among the first motorcycle manufactured in the United States to have a telescopic fork .
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