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f the Company as well as an analysis of future growth expectations in our estimation of the Company's cost of equity financing. The SSp was based on Morningstar's Stocks, Bonds, Bills, CONFIDENTIAL I WTAS LLC 27 EFTA00307422 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie 2o, 2011 and Inflation Valu
nd ectricrs Sr noble aid wry line direal cantroncutro. nlemstrutt and retolunmon apricots:cis 104 <4014040'. incbmk pn0knnlNaun oosy c...pal Il ea, strlalsw.asutpluata tu.cdra ihr Ankodep.autr pin. a. wet .t. Lehi:hood File.ds tome pairolrocoacrsa elm nee. au, Casta sokasoas rap ,I1.102poralcu'oswalo. in tic Imo:. Ow Mme.nMl
f the Company as well as an analysis of future growth expectations in our estimation of the Company's cost of equity financing. The SSp was based on Morningstar's Stocks, Bonds, Bills, CONFIDENTIAL I WTAS LLC 27 EFTA00307321 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie 2o, 2011 and Inflation Valu
nd ectricrs Sr noble aid wry line direal cantroncutro. nlemstrutt and retolunmon apricots:cis 104 <4014040'. incbmk pn0knnlNaun oosy c...pal Il ea, strlalsw.asutpluata tu.cdra ihr Ankodep.autr pin. a. wet .t. Lehi:hood File.ds tome pairolrocoacrsa elm nee. au, Casta sokasoas rap ,I1.102poralcu'oswalo. in tic Imo:. Ow Mme.nMl
f the Company as well as an analysis of future growth expectations in our estimation of the Company's cost of equity financing. The SSp was based on Morningstar's Stocks, Bonds, Bills, CONFIDENTIAL I WTAS LLC 27 EFTA00307220 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of Julie 2o, 2011 and Inflation Valu
nd ectricrs Sr noble aid wry line direal cantroncutro. nlemstrutt and retolunmon apricots:cis 104 <4014040'. incbmk pn0knnlNaun oosy c...pal Il ea, strlalsw.asutpluata tu.cdra ihr Ankodep.autr pin. a. wet .t. Lehi:hood File.ds tome pairolrocoacrsa elm nee. au, Casta sokasoas rap ,I1.102poralcu'oswalo. in tic Imo:. Ow Mme.nMl
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