Which of the following applies to relative valuation?

Group of answer choices

A) A relative valuation is often convenient because you do not have to make any assumptions about fundamentals such as growth, risk and return in order to draw a conclusion about whether a firm is under- or overpriced

B) When performing a relative valuation you need to select a multiple with a market price in the numerator and a standardizing measure in the denominator

C) A relative valuation is not a good method for determining a likely offering price for a firm in an initial public offering (IPO) since an IPO price has very little to do with the pricing of comparable firms

D) Your relative valuation result will serve as an anchor so you will not be swayed by market moods and perceptions at any given time