Which of the following is true of senior debt? Question 1 options: The rate on senior debt is 2% to 3% above prime Senior debt is usually about one quarter to one third of total leveraged buyout (LBO) debt The term is usually 5 to 10 years All of the above Senior debt is usually about one quarter to one third of total leveraged buyout (LBO) debt The term is usually 5 to 10 years All of the above