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Which of the following are beneficial attributes of leveraged buyouts? I. Leveraged buyouts often create entrepreneurial incentives for managers. II. The required repayment of the
Which of the following are beneficial attributes of leveraged buyouts? I. Leveraged buyouts often create entrepreneurial incentives for managers. II. The required repayment of the debt used in the buyout induces reduced managerial efficiencies. III. Conflicts of interest between shareholders and managers are increased. IV. Bureaucratic obstacles are often eliminated. A. I only B. I and III only C. I and IV only D. I, II and III only E. I, II, III, and IV?
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