Which of the following statement on relative valuation is false? Select one: O A. EBITDA should be adjusted for extraordinary write-offs when using the EBITDA multiples valuation model. O B. To reflect differences in risk characteristics and growth opportunies, EBITDA multiples should be adjusted for differences in profit margins. O C. The critical assumption underlying the relative valuation approach is that the comparable assets are truely comparable to the investment be evaluated. OD. The P/E multiples does not make economic sense when EPS is negative E. None of the above