Identify the incorrect statement concerning company valuation.

	A.	From a financial perspective, the maximum price that should be paid is the price at which the added value exceeds the acquisition transaction costs
	B.	The bid price for a target company usually includes a control premium
	C.	Valuation techniques do not offer an exact value of the target company
	D.	Valuations on a forward-looking basis are preferred to historical valuations
	E.	The earnings yield valuation method has similar weaknesses to the price/earnings ratio valuation method