1. Explain the market-based approach valuation method. Include the following detail in your response:

When might the market-based approach valuation method be used?

2. Explain the asset-based approach valuation method. Include the following detail in your response:

A. When might the asset-based approach valuation method be used?

3. Explain the earnings-based approach valuation method (discounted cash flow valuation method). Include the following detail in your response:

A. When might the earnings-based approach valuation method be used?