Which of the following statements is false?
A) Global bonds combine the features of domestic, foreign, and Eurobonds, and are offered for sale in several different markets simultaneously.
B) In a leveraged buyout (LBO) , a group of private investors purchases all the equity of a public corporation.
C) A term loan is a bank loan that lasts for a specific term.
D) Eurobonds are international bonds that are denominated in the local European currency of the country in which they are issued.
Correct Answer:
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