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OMMON EQUITY VALUATION REPORT As of June 20, 2011 Cost of Equity — Capital Asset Pricing Model To estimate The Company's cost of equity financing, the Capital Asset Pricing Model ("CAPM") was utilized. The CAPM measures the return required by investors given a company's risk profile. This model is expressed arithmetically by
ulMmlwrotSinequellseneeyeetenemx «Chnip.mitirti. Namaakma Govatmit Cttitlin«.ard Mankt u snipa n...e Casino« ISnatta nul Omme km& a bot Man:alamen Garant( Lol Intlabodm thlo.ht. Mottx.f.A AWna Ria Hm%9nmCmmmm,v nJ >kt"( Caipailann.•milrafilmtGo..../routtanvill»c hann and Mat< of Sinas< ~Mig («MIJ«
OMMON EQUITY VALUATION REPORT As of June 20, 2011 Cost of Equity — Capital Asset Pricing Model To estimate The Company's cost of equity financing, the Capital Asset Pricing Model ("CAPM") was utilized. The CAPM measures the return required by investors given a company's risk profile. This model is expressed arithmetically by
ulMmlwrotSinequellseneeyeetenemx «Chnip.mitirti. Namaakma Govatmit Cttitlin«.ard Mankt u snipa n...e Casino« ISnatta nul Omme km& a bot Man:alamen Garant( Lol Intlabodm thlo.ht. Mottx.f.A AWna Ria Hm%9nmCmmmm,v nJ >kt"( Caipailann.•milrafilmtGo..../routtanvill»c hann and Mat< of Sinas< ~Mig («MIJ«
OMMON EQUITY VALUATION REPORT As of June 20, 2011 Cost of Equity — Capital Asset Pricing Model To estimate The Company's cost of equity financing, the Capital Asset Pricing Model ("CAPM") was utilized. The CAPM measures the return required by investors given a company's risk profile. This model is expressed arithmetically by
ulMmlwrotSinequellseneeyeetenemx «Chnip.mitirti. Namaakma Govatmit Cttitlin«.ard Mankt u snipa n...e Casino« ISnatta nul Omme km& a bot Man:alamen Garant( Lol Intlabodm thlo.ht. Mottx.f.A AWna Ria Hm%9nmCmmmm,v nJ >kt"( Caipailann.•milrafilmtGo..../routtanvill»c hann and Mat< of Sinas< ~Mig («MIJ«
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