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Which of the following statements is NOT true? A) Private equity firms pool money from wealthy investors, pension funds, insurance companies, and other sources to
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| A) | Private equity firms pool money from wealthy investors, pension funds, insurance companies, and other sources to make investments. | |
| B) | Private equity firms invest in more mature companies. | |
| C) | Agency problems tend to be more in firms owned by private equity investors than in public firms. | |
| D) | Private equity investors focus on firms that have stable cash flows because they use a lot of debt to finance their acquisitions.
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