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Most modern theory of capital structure is based on original study of Modigliani and Miller. In the paper "Capital and Corporate Values", they proposed that under the hypothesis of complete market, which was free of tax, the corporate value was equal to the weighted average of capital cost ,having nothing to do with the capital structure.

现代资本结构理论的奠基人Modigliani和Miller(1958)在其开创性文献《资本结构与企业价值》中提出了"在完全市场的假设条件下，如果无税，一个企业的加权平均资本成本就是企业价值，与企业的资本结构无关"的命题。

The molecular formula of the product of the invention is that m is equal to 4,6 or 8, while n ranges from 20 to 400.

本发明的产品的分子式见上式，m＝4、6或8，n＝20～400。

The experimental results show that the yield of the maleic anhydride is maximum when the molar ra_tio of vanadium pentoxide to molybdenum trioxide is equal to about two and the quantities of vanadium are nearly five times more than those of phosphorus.

实验表明：以氧化铝为载体用于苯氧化制顺酐的五氧化二钒催化剂，当五氧化二钒与三氧化铝的摩尔比为2左右和钒磷比约为5时，顺酐的收率最大，并根据催化剂的半导体电子理论和酸碱理论进行了解释。

A quantum ''.'number'.'' equal to twice the average electric charge of a particle multiplet or, equivalently, to the sum of the ''.

超荷一个量子量，等于一个粒子多重线谱的平均电极；或者相当于量子''。

Your NITON XLt analyzer will auto-swich from one filter to another when the testing time for that filter is greater than or equal to the time you have chosen,and the identified alloy is flagged as needing the switch in the NITON Alloy Library.

您的NITON XLt分析仪意志自动swich从一过滤器到另一个，当测试的时期为那过滤器是大于或等于您选择了的时间时和辨认的合金被下垂作为需要开关在NITON合金图书馆。

Any capitalised sum may be applied in paying up new shares of a nominal amount equal to the capitalised sum which are then allotted credited as fully paid to the persons entitled or as they may direct.

任何资本总和可能被用于缴清具有某项面额的新股票，这等于当时分配而入账作为向权利人全部缴清或作为他们可以管理的资本总和。

Regardless of payout, private nonoperating foundations were required to pay an annual federal excise tax equal to 2% of their net investment income.

Dr.eye：不管花费，私人nonoperating基金被要求支付等於他们的净投资收入的2%的年联邦货物税。

But suppose that I can buy this asset with a nonrecourse loan equal to 85 percent of the purchase price. How much would I be willing to pay for the asset?

但假如我购买这一资产的资金有85%来自无追索权的贷款，那么我愿意为这一资产支付的价格是多少？

I think people should be taxed to pay penalty equal to the value of the nuisance that they make.

我认为我们应该对那些危害环境的人课税作为惩罚。

People should be taxed to pay a penalty equal to the value of the nuisance that they cause.

对于那些造成危害的人们，就应该征收与其所造成的损失等值的税金，以作为补偿和惩罚。

I didn't watch TV last night, because it .

昨晚我没有看电视，因为电视机坏了。

Since this year, in a lot of villages of Beijing, TV of elevator liquid crystal was removed.

今年以来，在北京的很多小区里，电梯液晶电视被撤了下来。