32. Which of the following is true regarding the distress security investments? a. The market demand for distress security is usually counter cyclical b. Distress security is often exposed to the so-called "positive event risk" c. Interest rate changes are relatively less important to distress security investments d. Market opportunity usually tightens when there is restriction on holding securities below certain investmen grade for some investors e. Distress security investment fund is one type of leveraged buyout funds