The definition of a highly leveraged transaction (HLT) loan as adopted by U.S. bank regulators in 1989 includes
A) doubling the borrower's liabilities which results in a leverage ratio higher than 50 percent.
B) involving a buyout, acquisition, or recapitalization.
C) results in a leverage ratio higher than 75 percent.
D) All of the above.
E) Only two of the above.
Correct Answer:
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