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Why is relative valuation considered more intuitive compared to absolute valuation? Because it involves comparing a company to similar companies or the overall market, making

Why is relative valuation considered more intuitive compared to absolute valuation?
Because it involves comparing a company to similar companies or the overall market, making the process more relatable.
Because it uses complex mathematical models that are easier to manipulate.
Because it is based on historical data and is therefore easier to viderstand
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