The distinguishing characteristics of a leveraged buyout include every one of the following features except: The firm has a well-established business that often includes strong brands. a The firm has large stable cash flow. The firm has low capital expenditures. The firm's common stock continues to be publicly traded after the LBO. The preferred return feature of a PE fund gives limited partners: A minimum rate of return before the PE fund manager can receive any carried interest payment, O A portion of the fund manager's carried interest A share of the fund manager's management fee. A share of the PE fund's profit after the fund manager has been paid the carried interest. The very high initial leverage in an LBO is: Inconsistent with prudent financial management, Designed to be maintained for the entire term of the PE fund's investment in the firm. Expected to be paid down to a more sustainable level as quickly as reasonably possible. Excessive but PE funds are willing to bet that the firm can service it. The distinguishing characteristics of a leveraged buyout include every one of the following features except: The firm has a well-established business that often includes strong brands. a The firm has large stable cash flow. The firm has low capital expenditures. The firm's common stock continues to be publicly traded after the LBO. The preferred return feature of a PE fund gives limited partners: A minimum rate of return before the PE fund manager can receive any carried interest payment, O A portion of the fund manager's carried interest A share of the fund manager's management fee. A share of the PE fund's profit after the fund manager has been paid the carried interest. The very high initial leverage in an LBO is: Inconsistent with prudent financial management, Designed to be maintained for the entire term of the PE fund's investment in the firm. Expected to be paid down to a more sustainable level as quickly as reasonably possible. Excessive but PE funds are willing to bet that the firm can service it