There are a number of ways that a Private Equity (PE) firm can generate a good return on its LBO investment. Which item below is not a way that PE firms are able to generate good results? Attempt to time the markets, such that the purchase price multiple is lower than the exit multiple. Use stock as consideration (payment) to Target shareholders, in order to reduce the tax impact on sellers. Attempt to increase the Target's EBITDA during their (PE firm's) holding period. Acquire the Target by using maximum debt capacity, thus amplifying the returns on their equity investment