问题如下：
3. 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.
感觉这个题出的很模糊，的确asset based approach主要用在破产清算的时候，但这个不是绝对的吧，尤其是题目已经特意明确说这个公司的资产是很容易评估他们价值。而且这个题目也没有明确地方显示EEM不能用，想用还是可以用的，所以这种题到底要怎么选？
