NO.PZ201512300100001303
问题如下：
2.Ebinosa can best value Thunder using the:
选项：
A.excess earnings approach.
B.asset-based approach.
C.discounted free cash flow approach.
解释：
C is correct.
The excess earnings method would rarely be applied to value the equity of a company particularly when it is not needed to value intangibles. The asset-based approach is less appropriate because it is infrequently used to estimate the business enterprise value of operating companies. By contrast, the free cash flow method is broadly applicable and readily applied in this case.
因为这句话排除了DDM，不过根据答案来看应该不是想说g持续下降，而是g保持在低位不变，还是想请问下如果题目想说g持续下降的话一般会用怎样的表达？谢谢！
