问题如下图：
选项：
A. 
B. 
C. 
解释：
之前做对了，这次又做错了，跟FCFE混淆了，FCFE的计算是怎么样的呢？
NO.PZ2018062002000159问题如下Jack,analyst of a PE, expects to buy common stotoy ansell it two years later. The investors estimates vin for the next two years are an, anstopritwo years later is P2. Accorng to the vinscount mol, the intrinsic value of the stois the present value of: an. . , P2an. C is correct.Following the vinscount mol, the intrinsic value of a stotoy is equto present value of all future cash flows. In this instance, the intrinsic value is the present value of , , anP2.考点Multi-stage Mol我们估值是对投资未来所有获得的现金进行折现，如果投资股票两年那么未来获得现金流包括、、和两年后把股票卖了所得股票在第二年的价格。 /(1+r)与（+P2）/(1+r)²之和
. , P2an. C is correct. Following the vinscount mol, the intrinsic value of a stotoy is equto present value of all future cash flows. In this instance, the intrinsic value is the present value of , , anP2. 为什么和P2有关系啊，模型里也没用到现价啊
