6. The market multiple approach and discounted cash flow approach are two commonly used methodologies to value a company that does not have publicly-traded equity or debt securities (i.e., a privately held company). (a) In each approach, what is the factor that incorporates the risk of your subject company? (b) When using the market multiple approach, how would your mechanics (and conclusions) differ if you were using a multiple of Earnings Before Interest and Taxes (EBIT) compared to a multiple of Earnings (Net Income)