Multiple questions:

• Which of these statements is CORRECT in relation to valuation?

  1. When we value a company we are assuming it will last for 12 months

  2. Absolute valuation and relative valuation always give the same fair value or recommendation

  3. Relative valuation is not affected by different accounting standards

  4. In Relative valuation, we are assuming the market is right and therefore our valuation could be affected by market sentiment (for example Internet Bubble)