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Planning , Inc. 1980 -1996 49 27.7% AMY (two-year holding period transactions) 1980 -1997 243 22.3% Hertzel — Smith 1980 -1987 106 20.1% Johnson 1991 - 1995 72 20.0% Our methodology for determining an appropriate adjustment for lack of marketability included the following steps: 1. Exam
NA SW% NA 1444 NA s 1.“11år s '1/ oe 1 so enve hes.094 ma (lief Onnailexa ~No stutb. anm (lest bresend h tec .1099ton) Odic.. [Anita Vice Prosiest 401Seoctor• 11,16 < ha), ...knell Roo. 4 Mewl./ • 11/./s. e Don 1 lissno 3lina 3. 1,33,934 .S.s./11.9.9..) Soo %/no. Monk< Vitt ha4.1co 5.1
Planning , Inc. 1980 -1996 49 27.7% AMY (two-year holding period transactions) 1980 -1997 243 22.3% Hertzel — Smith 1980 -1987 106 20.1% Johnson 1991 - 1995 72 20.0% Our methodology for determining an appropriate adjustment for lack of marketability included the following steps: 1. Exam
NA SW% NA 1444 NA s 1.“11år s '1/ oe 1 so enve hes.094 ma (lief Onnailexa ~No stutb. anm (lest bresend h tec .1099ton) Odic.. [Anita Vice Prosiest 401Seoctor• 11,16 < ha), ...knell Roo. 4 Mewl./ • 11/./s. e Don 1 lissno 3lina 3. 1,33,934 .S.s./11.9.9..) Soo %/no. Monk< Vitt ha4.1co 5.1
Planning , Inc. 1980 -1996 49 27.7% AMY (two-year holding period transactions) 1980 -1997 243 22.3% Hertzel — Smith 1980 -1987 106 20.1% Johnson 1991 - 1995 72 20.0% Our methodology for determining an appropriate adjustment for lack of marketability included the following steps: 1. Exam
NA SW% NA 1444 NA s 1.“11år s '1/ oe 1 so enve hes.094 ma (lief Onnailexa ~No stutb. anm (lest bresend h tec .1099ton) Odic.. [Anita Vice Prosiest 401Seoctor• 11,16 < ha), ...knell Roo. 4 Mewl./ • 11/./s. e Don 1 lissno 3lina 3. 1,33,934 .S.s./11.9.9..) Soo %/no. Monk< Vitt ha4.1co 5.1
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