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There are two types of business valuation, Relative and Intrinsic. Different situations arise in which a business must be valued by someone. Clearly, doing both

There are two types of business valuation, Relative and Intrinsic. Different situations arise in which a business must be valued by someone. Clearly, doing both types of valuation are informative. But, in some applications, Relative valuation might make more sense than Intrinsic, and vice versa in other applications. List situations in which each type of valuation might be more suited than the other, and explain your rationale.

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