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One legitimate criticism of the "sum-of-the-parts" approach to equity valuation is:

A. It does not work well for start-up companies with a large amount of intangible assets

B. It fails to take a company's debt into account

C. It only works for "deep value" companies

D. It is not applicable when considering companies primarily involved in the commodities sectors

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92414991

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