The Argument(s) That the Value of a Firm Is Independent

The argument(s) that the value of a firm is independent of the firm's capital structure is presented as:

A) M&M Proposition I with no tax.
B) M&M Proposition I with tax.
C) M&M Proposition II with no tax.
D) M&M Proposition II with tax.
E) Both M&M Proposition I and II with no tax.