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Which of the following orderings is most accurate with regard to the steps involved in valuation using comparable company analysis? A. Identify comparable companies, calculate relative value measures, apply value measures to target firm, estimate takeover premium, and calculate the estimated takeover price. B. Identify comparable companies, apply value measures to target firm, calculate relative value measures, estimate takeover premium, and calculate the estimated takeover price. C. Calculate relative value measures, identify comparable companies, apply value measures to target firm, estimate takeover premium, and calculate the estimated takeover price. |