Question $3$

In a very general case, which equation reflects the basic economic insight into the value of an asset over a $2$ year period $($Value Now $=$ Y$0$; Cash Flow Year $1=$ CF$1$; Cash Flow Year $2=$ CF$2)?$

$($A$)YO=CF1+$ Growth Rate of GDP

$YO=CF1+$ Risk Premium

Y$0$ CF$1+$ CF$2$