Would projecting future financial performance based on past trends provide a reliable basis for valuation of the following firms Firm 1: A rapidly growing company that has made numerous acquisitions and divestitures. Firm 2: A large, well-diversified, company operating in a number of mature industries. Firm 1Firm 2()①A.No No ②B.No Yes ③C.Yes Yes
A. ①
B. ②
C. ③