Assume your client thronegame Inc has recently purchased an intangible asset (a 10 year broadcast license) and there are fair value estimate of the asset is 32,017,500 based on expected cash flows of 5 million each here for the duration of the license and the risk adjusted rate (discount rate ) of 8%. Which valuation approach would be the best suited to calculate the fair value of this asset A. income B. cost C. none of the responses are correct D. market