NO.PZ2023032701000031
问题如下：
Peters asks a newly hired analyst, Kurt Thomas, to comment on the evaluation approach for these three stocks. Thomas makes the following statements:
• A free cash flow valuation model would not be appropriate to evaluate Company ABC if the firm becomes a takeover candidate.
• A dividend discount model cannot be applied to Company XYZ if dividends are suspended for a few years.
• A dividend discount model is suitable for evaluating the stock of Company JZY because of the historically consistent payout ratio.
Which of the following statements made by Thomas is correct?
选项：
A.
Statement 1
B.
Statement 2
C.
Statement 3
解释：
A dividend discount model is especially useful when dividend policy bears an understandable and consistent relationship to the company’s profitability. The relatively consistent dividend payout ratio suggests Company JZY would be a suitable candidate for a dividend discount model.
Dividend 的发放停止了很多年，还可以使用DDM模型吗？
