As Stated in the Text, Most Leveraged Buyouts Occur __________

As stated in the text, most leveraged buyouts occur __________.

A) when a planned merger fails to attract interest from the investment community
B) when interest rates climb, thus increasing the net yield from the investment
C) when the buying group believes that they can manage the company more efficiently than the current owners
D) three years after the initial public offering (IPO)
E) None of the answers are correct.