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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
, »Wino: Inc primarily prin.*, Fordines an, aohnons ea ~nun/rani tor/trainmen sancta. ' Snare (nodal IQ. Ferny/a. ~his Mlmcakulatd tannin darn from Capital IQ. will, dat tactpionof PEE nr4 RIMM. nEiCE mind tension ntdrIE Enna. flan arm nigh On <spiral $11111.011C of On ndwrzy ar On Saloon* Mrs. ' Risk.inn
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
, »Wino: Inc primarily prin.*, Fordines an, aohnons ea ~nun/rani tor/trainmen sancta. ' Snare (nodal IQ. Ferny/a. ~his Mlmcakulatd tannin darn from Capital IQ. will, dat tactpionof PEE nr4 RIMM. nEiCE mind tension ntdrIE Enna. flan arm nigh On <spiral $11111.011C of On ndwrzy ar On Saloon* Mrs. ' Risk.inn
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
, »Wino: Inc primarily prin.*, Fordines an, aohnons ea ~nun/rani tor/trainmen sancta. ' Snare (nodal IQ. Ferny/a. ~his Mlmcakulatd tannin darn from Capital IQ. will, dat tactpionof PEE nr4 RIMM. nEiCE mind tension ntdrIE Enna. flan arm nigh On <spiral $11111.011C of On ndwrzy ar On Saloon* Mrs. ' Risk.inn
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