Precedent transaction valuation is especially important in the context of mergers and acquisitions, and as such, has a few more considerations compared to comparable company valuation. Which of the following are correct statements? Select ALL that apply.

〇 Precedent transactions will usually result in the highest valuation.
〇 A financial buyer can typically pay more than a strategic buyer.
〇 The date of the transaction is not important in most cases.
〇 Enterprise value is the effective purchase price of the target company.