So, that's the basic insight in Modigliani and Miller, that share repurchase and dividend are really interchangeable; it's just all a conceptual difference.

这即是莫迪利阿尼和米勒命题的内涵,股票回购和分红彼此是可替代的,只是概念上有所不同

耶鲁公开课 - 金融市场课程节选

What do you think of people like Paris Hilton, Nicole Riche, and Lindsay Lohan?

你对帕里斯·希尔顿、尼可娜·里奇和林赛·罗韩这一些人有什么看法？

名牌效应 - SpeakingMax英语口语达人