QUESTION 17 2 points Save Answer Which of the following best reflects comments related to Fair Value Hierarchy as discussed in ASC 820? O A. The Fair Value Hierarchy includes three Approaches to Valuation: fair market value, intrinsic value and investor value approaches B. The Fair Value Hierarchy includes three levels: Level 1: Unobservable inputs for the asset or liability: Level 2: Inputs for determining value that are other than Level 1 but are observable either directly, or indirectly for the asset or liability and Level 3: Quoted Prices (unadjusted). OC. The Fair Value Hierarchy includes three levels: Level 1: Inputs for determining value that are other than Level 3 but are observable either directly, or indirectly for the asset or liability: Level 2: Quoted Prices (unadjusted) and Level 3: Unobservable inputs for the asset or liability. OD. The Fair Value Hierarchy includes three levels: Level 1: Quoted Prices for identical assets (unadjusted); Level 2: Similar assets, Inputs for determining value that are other than Level 1 but are observable either directly, or indirectly for the asset or liability and Level 3: Unobservable inputs for the asset or liability. QUESTION 18 2 points Save Answer The news supplement assignments posted on Blackboard provided articles and questions related to news articles that students were assigned to research. Which of the following best reflects observations from the article "The Case for and Against Investing in Bitcoin and related to using analysis to determine bitcoin's fair value? O A. Analysis of bitcoins "forward P/E multiple provides good insights for the determination of Bitcoin's fair value O B. Analysis of bitcoins "trailing P/E multiple" provides good insights for the determination of Bitcoin's fair value O C. There is no obvious way to use analysis to determine Bitcoin's fair value OD. The "single period Gordon growth model offers the best analysis method providing insights on Bitcoin's fair value