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Which of the following is an underlying assumption of using market multiples to determine value A. Using a market multiple assumes that the target company
Which of the following is an underlying assumption of using market multiples to determine value
- A. Using a market multiple assumes that the target company is mispriced, while comparable companies are correctly priced.
- B. Using a market multiple assumes that all companies are mispriced.
- C. Using a market multiple assumes that the target company is correctly priced, while comparable companies are mispriced.
- D. Using a market multiple assumes that the target company can be fully described by its summary performance measure
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