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the EIU, and Standard & Poor's Industry Surveys. CONFIDENTIAL I WTAS LLC 17 EFTA00307412 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie so, 2011 HOUSING MARKET Since 2008, the subprime debt crisis has placed downward pressure on economic growth as significant losses from subprime l
or the Meld wean ended December 31, For the Meal veers ending December 31, 2008 2009 2010 2011 2012 2013 2011 2015 2016 2017 3018 2019 Full•year capex 55,018 3987 51,198 52,891 35,419 58,173 511,739 514,388 516,110 517,399 518,616 519,733 Partial period adjustment x 194/365 Adju
the EIU, and Standard & Poor's Industry Surveys. CONFIDENTIAL I WTAS LLC 17 EFTA00307311 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie so, 2011 HOUSING MARKET Since 2008, the subprime debt crisis has placed downward pressure on economic growth as significant losses from subprime l
or the Meld wean ended December 31, For the Meal veers ending December 31, 2008 2009 2010 2011 2012 2013 2011 2015 2016 2017 3018 2019 Full•year capex 55,018 3987 51,198 52,891 35,419 58,173 511,739 514,388 516,110 517,399 518,616 519,733 Partial period adjustment x 194/365 Adju
the EIU, and Standard & Poor's Industry Surveys. CONFIDENTIAL I WTAS LLC 17 EFTA00307210 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie so, 2011 HOUSING MARKET Since 2008, the subprime debt crisis has placed downward pressure on economic growth as significant losses from subprime l
or the Meld wean ended December 31, For the Meal veers ending December 31, 2008 2009 2010 2011 2012 2013 2011 2015 2016 2017 3018 2019 Full•year capex 55,018 3987 51,198 52,891 35,419 58,173 511,739 514,388 516,110 517,399 518,616 519,733 Partial period adjustment x 194/365 Adju
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