Select an option above to see an explanation here.

A) Guessing is not a valid method in determining the 'Fair Value'.
B) Multiplication is not a step in determining the 'Fair Value'.
C) The 'Fair Value' is determined by forecasting future cash flows, discounting them to present value, subtracting total debt, dividing by the number of shares, and comparing with the market price.
D) Guessing is not a valid method in determining the 'Fair Value'.