In the Miller and Modigliani analysis, why are dividends irrelevant?

In the Miller and Modigliani analysis, why are dividends irrelevant? Besides your text, post an article from a finance/economic journal that supports your answer and incorporate your findings from the article in your response

In the Miller and Modigliani analysis, why are dividends irrelevant? Besides your text,post an article from a finance/economic journal that supports your answer andincorporate your findings from...