Question 12: Which framework(s) below are concrete descriptions of the Universal Measure of Asset Value and Rate as provided in Table 1 rows, and which are abstract descriptions? (This question is worth 2 points.)

a) Concrete Descriptions A and E; Abstract Descriptions Only B, C, and D

b) Concrete Descriptions A and E; Abstract Descriptions Only B, C, D, and F

c) Concrete Descriptions Only A; Abstract Descriptions B, C, D, and F

d) Concrete Descriptions Only A; Abstract Descriptions B, C, D, F, and G

e) Concrete Descriptions Only A; Abstract Descriptions B, C, D, E, F, and G f) Concrete Descriptions

Table 1 A) AssetValue=t=1n(1+RateiNetCashFlowi B) AssetValueToday=RatePaidbyCompanyOverTimeforDebt&EquitytoGenerateCashFlowsCashFlowsInOverTimeCashFlowsOutOverTime C) AssetValueToday=PercentageCostofCapitalOverTImeNeededtoGenerateNumeratorCashNetCashFlowsGeneratedUsingDenominatorCapitalOverTime D) AssetValueToday=RatePaidbyCompanyandReceivedbyInvestorstoUsetheAssetOverTimeNetCashFlowsGeneratedbyanAssetOverTime E) Finance=Statistics,ProbabilityAccounting,FinancailProjections F) Financial Outcome =JudgmentofRisk=f(Present+Future)JudgmentofGrowth=f(Past+Future) G) Judgement =InterpretationofFactsxSoundinessofAssumptionsxChanceIntreptationofFactsxSoundnessofAssumptionsxChance