Orange Blossom Cocktail

Name: Orange Blossom Cocktail
Yield: Servings
Ingredients: 10 tablespoons fresh orange juice, chilled; 10 tablespoons Grand Marnier or other orange liqueur, chilled; 10 tablespoons mandarin-flavored vodka (such as Absolut Mandarin), chilled; 2 1/2 teaspoons orange flower water*; 5 cups Champagne or sparkling wine (from two 750-mL bottles), chilled; 10 orange peel strips (optional)