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Why is financing of a capital expenditure (e.g. acquisition of machineries or plant expansion) through Leveraged Buy Out (LBO) model preferred over financing through Equity

Why is financing of a capital expenditure (e.g. acquisition of machineries or plant expansion) through Leveraged Buy Out (LBO) model preferred over financing through Equity alone? Prepare an example to compare the two models in terms of cash flow and return of investment (ROI)

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