From the late 1970s to the late 1980s, Hall (1994) finds that leverage
From the late 1970s to the late 1980s, Hall (1994) finds that leverage buyouts most commonly take place among firms
(a) in the volatile tech industry.
(b) facing steep global competition.
(c) that are unstable.
(d) like those mentioned in all of the above.
ANSWER
(b)
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