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3. A. Explain way liquidation value is generally not relevant to estimating intrinsic value for profitable companies. The reason why liquidation value is not relevant

3. A. Explain way liquidation value is generally not relevant to estimating intrinsic value for profitable companies. The reason why liquidation value is not relevant to estimating intrinsic value of a business is that, apart from taking all the cash assets into account, it is not concerned with added value of employees who are invaluable on a going-concern basis

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