two-stage FCFE model 两阶段FCFE模型
In the four part, author expounds the meaning of the value evaluation, and then assay the use of the model of FCFE again.
第四部分是企业价值评估应用的意义，股权自由现金流贴现模型的应用的再分析。
The paper introduces the whole process in valuation with the Discounted Cash Flow Model of FCFE and indicates some possible problem in valuation.
结合案例较详细地分析了利用股权资本现金流贴现模型对上市商业银行估价的过程，并指出了在估价中可能存在的问题。
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