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Which of the following is NOT a criticism of valuing a firm using the multiples approach? A. The multiples approach give us the relative value,
Which of the following is NOT a criticism of valuing a firm using the multiples approach? A. The multiples approach give us the relative value, not the intrinsic value B. The multiples approach does not directly incorporate discounted cash flows C. The selection of the peer or industry group dramatically alters the outcome of the multiples approach OD. The multiples approach is most appropriate for young firms with difficult to forecast cash flows
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