NO.PZ2023040301000145
问题如下：
The best model to use when valuing a voting dividend-paying company that is just entering the growth phase is most likely the:
选项：
A.Gordon growth model
two-stage dividend discount model
three-stage dividend discount model
解释：
The Gordon growth model is best suited to valuing mature companies. The two-stage model is best for companies that are transitioning from a growth stage to a mature stage. The three-stage model is appropriate for young companies just entering the growth phase.
此题在原版书中是否有说明，是在什么样的前提下条件下，分三级进行评估呢。
