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Narked out of Flag question Consider the following statement: A necessary condition to use multiples in the context of a valuation exercise of a certain

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Narked out of Flag question Consider the following statement: "A necessary condition to use multiples in the context of a valuation exercise of a certain company is the existence of comparable companies. Those comparable companies need to be found in the business sector of the company being valued". Is this statement true or false? Explain your

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