NO.PZ2022061307000081
问题如下：
Question Which of the following statements concerning different valuation approaches is most accurate?
选项：
A.One advantage of the three-stage dividend discount model (DDM) model is that it is equally appropriate to young companies entering the growth phase and those entering the maturity phase.
B.It is advantageous to use asset-based valuation approaches rather than forward-looking cash flow models in the case of companies that have significant intangibles.
C.The justified forward price-to-earnings ratio (P/E) approach offers the advantage of incorporating fundamentals and presenting intrinsic value estimations.
解释：
SolutionC is correct. The justified forward P/E approach offers the advantage of incorporating fundamentals and presenting intrinsic value estimations.
A is incorrect. The three-stage DDM model is appropriate to young companies entering the growth phase but not those entering the maturity phase. For such companies, the two-stage DDM model is appropriate.
B is incorrect. In the case of companies that carry significant intangibles, the use of forward looking cash flow models is more advantageous than the asset-based valuation models.
看着像是有的公司适用二阶段模型，A选项具体哪儿错了
