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Which of the following is TRUE concerning the average amount of equity invested in LBO deals? A. In the 1980s, the average equity invested was

Which of the following is TRUE concerning the average amount of equity invested in LBO deals? A. In the 1980s, the average equity invested was about 90%. B. In the last few years, the average level of equity was around 40%. C. The level of equity in LBO deals has been falling over time. D. The average level of equity in LBO deals peaked in the 1990s and has been falling since then.

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