Please answer and explain:

QUESTION 7 Fair market value is O The cash or cash equivalent value that a willing buyer would pay or seller would accept for a business O The cash or cash equivalent value that a willing buyer would pay or seller would accept for a business, assuming each had access to al necessary information O The cash or cash equivalent value that a willing buyer would pay or seller would accept for a business, assuming each had access to all necessary information and that neither party is under duress. O The discounted value of free cash flow to the firm O The discounted value of free cash flow to equity investors