Hi, I really need some help with an explanation of how to do these questions. It will be great if you can show me your reasoning and work.

III (15 points) A Your boss wants to purchase a small company for $2 million. He says that there is no need to conduct an expensive due diligence that cost $1 million because the most we could lose is the $2 million purchase price. Agree Disagree B Management wants to accept a merger proposal that is a cash deal. Your boss says that the company needs to hire a financial advisor to render a fairness opinion for shareholders in order to show shareholders that the offer is the best possible transaction price that could be obtained. Which is the most correct response. (1, 2, or 3) 1 the merger does not require a fairness opinion because the consideration is for cash and not a stock swap deal 2 You agree with your boss's reason for a fairness opinion 3 You say that a fairness opinion is an analysis to compare the offer price to a company's intrinsic value C. Should a Bona fide offer assist in forming an opinion on a valuation? Yes No III (15 points) A Your boss wants to purchase a small company for $2 million. He says that there is no need to conduct an expensive due diligence that cost $1 million because the most we could lose is the $2 million purchase price. Agree Disagree B Management wants to accept a merger proposal that is a cash deal. Your boss says that the company needs to hire a financial advisor to render a fairness opinion for shareholders in order to show shareholders that the offer is the best possible transaction price that could be obtained. Which is the most correct response. (1, 2, or 3) 1 the merger does not require a fairness opinion because the consideration is for cash and not a stock swap deal 2 You agree with your boss's reason for a fairness opinion 3 You say that a fairness opinion is an analysis to compare the offer price to a company's intrinsic value C. Should a Bona fide offer assist in forming an opinion on a valuation? Yes No