Under Which Set of Circumstances Would It Not Be Appropriate

Multiple Choice

Under which set of circumstances would it not be appropriate to assume the value the noncontrolling shares is the same as the controlling shares?

A) The acquisition is for less than 100% of the subsidiary.
B) The fair value of the noncontrolling shares can be inferred from the value implied by the acquisition price.
C) Active market prices for shares not obtained by the acquirer imply a different value.
D) The amount of the "control premium" cannot be determined .