Select the least accurate answer. a$.$ Relative Value techniques include a wide variety of Ratios and at least two different approaches including comparing similar ratios between a target firm and benchmark firms to see if the target firm is correctly valued and also using a benchmark ratio to estimate the value of a target firm. b$.$ Relative Value techniques can be tied to intrinsic valuation techniques $($e$.$g$.$ Discounted Cash Flow valuation$)$ through the Justified Relative Value ratios which can be used to indicate how much the market should be paying for the target firm. c$.$ There is no established technique for using Relative Value ratios to value companies with high variation in Earnings such as cyclical companies since Relative Value ratios such as Price to Earnings $$P$/$E$$ are calculated using the current market price of stock and the annual Earnings Per Share.