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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
m, ha ».-tint plmant. arts/gas. eatIschnuek Kane 404 'Wang falitlatin: pnaclava. malliartialor Cne. a and La umpelaNedinclivamel I. Mkt.. Sal pop.Imaeubvennil. taiåry yy 401)iat Men M du. Weal] (Ras !hod sal subtle rawork utigrieduie cutteinns Flexi trakeregh) bane M.M.C.CIS. Nadi con peenlam. 00I37111/4
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
m, ha ».-tint plmant. arts/gas. eatIschnuek Kane 404 'Wang falitlatin: pnaclava. malliartialor Cne. a and La umpelaNedinclivamel I. Mkt.. Sal pop.Imaeubvennil. taiåry yy 401)iat Men M du. Weal] (Ras !hod sal subtle rawork utigrieduie cutteinns Flexi trakeregh) bane M.M.C.CIS. Nadi con peenlam. 00I37111/4
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
m, ha ».-tint plmant. arts/gas. eatIschnuek Kane 404 'Wang falitlatin: pnaclava. malliartialor Cne. a and La umpelaNedinclivamel I. Mkt.. Sal pop.Imaeubvennil. taiåry yy 401)iat Men M du. Weal] (Ras !hod sal subtle rawork utigrieduie cutteinns Flexi trakeregh) bane M.M.C.CIS. Nadi con peenlam. 00I37111/4
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