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To: Andre Williamson who wrote (24714)1/23/2004 5:55:32 AM
From: Dave  Respond to of 60323
 
Andre:

I think both of us know that determining a "discount" rate is more of an art than science. For example, you choice of a "risk free rate" in your CAPM calculation would be different than mine; you use T-Bill while I would use the 30 Yr T-Bond.

I didn't see where you got your Beta of 2.31. Anyways, nice work!