I searched the same and your question was the first result on google. I know what you asked about a year ago, but for all the other people who find this page:
Html.DropDownListFor(m => m.ContactId, new SelectList( Model.Contacts.Select( c => new { Id = c.ContactId, FullName = c.FirstName + " " + c.LastName }), "Id", "FullName"))
In my case, I cannot change the Contact class.
sickbattery
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