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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.

b.

a cash sweep, which is a covenant requiring all excess cash be used to retire debt.

c.

projected rates of return that explicitly and precisely account for the risks associated with these investments.

d.

its limited use in only providing seed capital to start-up firms.

e.

none of the above.

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