Answer :
Fair market value uses exit price.The exit price is a relevant market value metric that is used to determine the value of an asset or company that is leaving the industry or being sold to a buyer. Therefore, fair market value uses the exit price.
What is fair market value?
The price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts, is known as fair market value.
What is the meaning of an exit price?
An exit price is the price at which a company will sell a product, division, or subsidiary when it leaves a business. As a result, the exit price is used as a way to determine a company's value and the potential return on investment (ROI) for interested parties or investors.
A market value is defined as the current price at which an asset, property, or investment can be sold on the open market. It is the price that a willing buyer and a willing seller would agree on in a reasonable amount of time and with adequate knowledge of the relevant data.
The exit price is a relevant market value metric that is used to determine the value of an asset or company that is leaving the industry or being sold to a buyer. Therefore, fair market value uses the exit price.
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