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To: William Cloutier who wrote (61274)9/4/2018 5:49:17 PM
From: bruwin  Read Replies (1) | Respond to of 78777
 
Ok, ... but none of the calculations I've put forward for the calculation of the Equity Bond involves doing any "discounting" calculation.

I've taken the Pretax Income for a 12 month period and divided it by a current 10 year AAA Corporate Bond Rate. That is how I understand the Equity Bond is calculated based on the examples that David Clark has put forward.

In my original post I got the 12 month Pretax Income by adding up the latest 4 Quarterly Pretax Incomes in order to get the Trailing Twelve Month value.