l ine has expired. The timer will cont A Moving to another question will save this response. Question 11 Which of the following statements is most CORRECT? O In a typical LBO, bondholders do well but shareholders see their value decline Firms are forbidden by law to sell any assets during the first five years following a leverage buyout LBOs are never backed by private equity firms LBOs typically use a lot of debt. Leveraged buyouts (LBOs) occur when a firm issues equity and uses the proceeds to take a firm public. A Moving to another question will save this response