Modigliani announced his move to Montparnasse in 1909.
莫迪里亚尼1909年宣布他要搬到蒙帕尔纳斯去。
I want then finally to talk about Modigliani-Miller and debt.
我想最后讲讲MM模型和债务的问题。
Expressing his thoughts in colour and line was how Modigliani made sense of the world.
用色彩和线条表达思想，是他理解世界的方式。
Before I talk, I just want to say one more thing about Modigliani-Miller and dividend--irrelevance of dividends.
在讲之前,我想再说一点,关于MM模型和股利无关性
Modigliani and Miller thought the market value of an enterprise has no correlation with the style of fund-raising, but this conclusion is denied by the positive analysis.
莫迪·利安尼和米勒认为，企业的市场价值与筹资方式无关，然而实证分析却否定了这一结论。
Modigliani and Miller thought the market value of an enterprise has no correlation with the style of fund-raising, but this conclusion is denied by the positive analysis.
莫迪·利安尼和米勒认为，企业的市场价值与筹资方式无关，然而实证分析却否定了这一结论。
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