Leveraged Buyouts (LBOs)almost Always Involve Which of the Following

Multiple Choice

Leveraged buyouts (LBOs) almost always involve which of the following?
I.a large part of the purchase price is financed by debt;
II.most of the issued debt is below investment grade (i.e., junk) ;
III.the firm goes private and its shares are no longer traded on the open market

A) I only
B) II only
C) I and II only
D) I, II, and III