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investment companies. The average and median marketability discounts indicated by his analysis were 35.6% and 33.0%, respectively. • Maher Study". Maher's study reviewed restricted stock transactions from 1969 to 1973. The mean discount for these years was 35.4% and the median was 33.3%. • Trout Stu

.6% 30.4% 15.0% 20.3% 15.2% 2009 43% 15.1% 5.8% 16.4% 283% 13.8% 18.7% 7.4% 2010 -63% 13.2% 0.7% 60.3% 21.1% 12.7% 20.9% 11.6% Noties; We excluded companim with CAGR indkations that were negative. We excluded companica with negative KIRT indications. this is not indieative of fat

investment companies. The average and median marketability discounts indicated by his analysis were 35.6% and 33.0%, respectively. • Maher Study". Maher's study reviewed restricted stock transactions from 1969 to 1973. The mean discount for these years was 35.4% and the median was 33.3%. • Trout Stu

.6% 30.4% 15.0% 20.3% 15.2% 2009 43% 15.1% 5.8% 16.4% 283% 13.8% 18.7% 7.4% 2010 -63% 13.2% 0.7% 60.3% 21.1% 12.7% 20.9% 11.6% Noties; We excluded companim with CAGR indkations that were negative. We excluded companica with negative KIRT indications. this is not indieative of fat

investment companies. The average and median marketability discounts indicated by his analysis were 35.6% and 33.0%, respectively. • Maher Study". Maher's study reviewed restricted stock transactions from 1969 to 1973. The mean discount for these years was 35.4% and the median was 33.3%. • Trout Stu

.6% 30.4% 15.0% 20.3% 15.2% 2009 43% 15.1% 5.8% 16.4% 283% 13.8% 18.7% 7.4% 2010 -63% 13.2% 0.7% 60.3% 21.1% 12.7% 20.9% 11.6% Noties; We excluded companim with CAGR indkations that were negative. We excluded companica with negative KIRT indications. this is not indieative of fat