MC#4: Which of the following statements is most CORRECT? a. In a typical LBO, bondholders do well but shareholders see their value decline. b. Firms are forbidden by law to sell any assets during the first five years following a leverage buyout. c. LBOs are never backed by private equity firms. d. LBOs typically use a lot of debt. e. Leveraged buyouts (LBOs) occur when a firm issues equity and uses the proceeds to take a firm public