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Which of the following is NOT an advantage of the valuation multiple method as compared to the discounted cash flow method? A. calculations based upon

Which of the following is NOT an advantage of the valuation multiple method as compared to the discounted cash flow method?

A. calculations based upon widely available information

B. based upon actual stock prices of real firms

C. does not rely on estimates of future cash flows

D. Takes into account important differences between different firms

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