To determine the full value of the subsidiary under the fair value enterprise method, it is necessary to combine the fair values of both the controlling interest and non-controlling interest (NCI). In which of the following situations is it inappropriate to value the NCI by using the price paid by the parent on a per-share basis for the acquiree's shares.

Multiple Choice

The parent has paid a large premium per share to induce enough shareholders to sell their shares.

The noncontrolling shareholders are able to exercise their minority rights to demand the same price per share that was paid to the other shareholders.

The parent has acquired a large controlling interest.

The trading prices of the acquiree's shares just before and just after the business combination are similar to the price paid by the parent.