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12. In the case of RJR Nabisco LBO, the gain in market value RJR stockholders were several times more than: A. estimated value of additional

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12. In the case of RJR Nabisco LBO, the gain in market value RJR stockholders were several times more than: A. estimated value of additional interest tax shields generated by the LED B. estimated losses to R] R bondholders as result of drastic decline in bond ratings C. (A) and (B) combined D. none of the above

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