Business Valuation Five different analysts have submitted valuations for a private technology firm that is the subject of a possible acquisition. The valuations are as follows:

Analyst	Valuation
1	$26,331,000
2	38,803,000
3	65,000,000
4	27,000,000
5	17,000,000

Required The value of having multiple analysts reports is that one can develop a range of possible valuations and select a final valuation estimate that seems appropriate. What estimated valuation would you choose for this technology company? Explain your reasoning.