Under the Modigliani and Miller (M&M) Theories of Capital St…

Under the Mоdigliаni аnd Miller (M&M) Theоries оf Cаpital Structure, which of the following statements is / are correct? I) Enterprise value always increases as more debt is added under M&M #1 II) Enterprise value stays constant as more debt is added under M&M #1 III) The cost of capital always decreases as more debt is added under M&M #1 IV) The cost of capital always increases as more debt is added under M&M #2 V) Enterprise value always increases as more debt is added M&M #2