level 2 mock,morning 第60题 company, because, valuation, different, discounted

linguohuai

1)the free cash flow valuation approach is superior to the discounted dividend valuation approach because the company's dividends have been substantially different from its FCFE.

 

这句话很对么?我记得的是FCF的方法比DDM方法好的原因在于,DDM可能存在每年的分红差异比较大. 而这句话好象不是这个意思啊,为什么答应还说这句话是对的呢??