A.The justified forward price-to-earnings ratio(P/E) approach offers the advantage of incorporating fundamentals and presenting intrinsic value estimations.
B.One advantage of the three-stage dividend discount model(DDM) model is that it is equally appropriate to young companies entering the growth phase and those entering the maturity phase.
C.It is advantageous to use asset-based valuation approaches rather than forward-looking cash flow models in the case of companies that have significant intangibles.