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Which of the following statements regarding using valuation methodologies to compare companies is NOT true? If the upper group as a whole is misvalued, the

Which of the following statements regarding using valuation methodologies to compare companies is NOT true?

If the upper group as a whole is misvalued, the resulting valuation multiplies will be misvalued.

Valuation multiples are used with peer groups; which is a set of companies that are comparable.

The use of valuation multiples reveals patterns in absolute values.

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