Epstein Secrets

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

ltsiem mit8440407cat(e. r« tatas anke panda. /Meula Soldane puna 0) sen n o.fee sita. entama. lalltaie.Implally. Mme mine. nuouralunt. mal: optait). pâtelani l. asll Intepeltua sad kU6ar ulilay. iad alainak didalatam eMa6a fie amer, .54 rama% larm 14444.614 le. rd chott ph nase Io Muait Muas. lie. on laamy0.4. 2

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

ltsiem mit8440407cat(e. r« tatas anke panda. /Meula Soldane puna 0) sen n o.fee sita. entama. lalltaie.Implally. Mme mine. nuouralunt. mal: optait). pâtelani l. asll Intepeltua sad kU6ar ulilay. iad alainak didalatam eMa6a fie amer, .54 rama% larm 14444.614 le. rd chott ph nase Io Muait Muas. lie. on laamy0.4. 2

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

ltsiem mit8440407cat(e. r« tatas anke panda. /Meula Soldane puna 0) sen n o.fee sita. entama. lalltaie.Implally. Mme mine. nuouralunt. mal: optait). pâtelani l. asll Intepeltua sad kU6ar ulilay. iad alainak didalatam eMa6a fie amer, .54 rama% larm 14444.614 le. rd chott ph nase Io Muait Muas. lie. on laamy0.4. 2