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A common feature of an LBO structure is a. the minimal use of debt financing. b. a cash sweep, which is a covenant requiring all
A common feature of an LBO structure is
a. |
the minimal use of debt financing.
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b. | a cash sweep, which is a covenant requiring all excess cash be used to retire debt.
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c. | projected rates of return that explicitly and precisely account for the risks associated with these investments.
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d. | its limited use in only providing seed capital to start-up firms.
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e. | none of the above.
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