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Leveraged buyouts (LBOs) almost always involve which of the following? I) a large part of the purchase price is financed by debt; II) all of
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Leveraged buyouts (LBOs) almost always involve which of the following?
I) a large part of the purchase price is financed by debt;
II) all of the issued debt is above investment grade;
III) the firm goes private and its shares are no longer traded on the open market
A. II only
B. I, II, and III
C. I and III only
D. I only
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