The benchmark indices were IA SBBI
S&P 500 (large cap), S&P 400 (mid cap) and S&P 600 (small cap) indexes.
uses the S & P 500 to measure returns on common stocks.
0% (rounded) See Ibbotson SBBI
Yearbook for annual premiums (Ibbotson Valuation Yearbook, http://www.
As required in any income approach, an appropriate discount rate for the current technology was determined, where we considered both the implied WACC of the transaction and, more importantly, market-derived discount rates that can be retrieved from literature like Morningstar Inc's SBBI
The 1-month Treasury Bill (TB) rate pertains to a bill with at least 1 month to maturity and performs as the riskless asset in the analysis (Ibbotson Associates, SBBI
The one-month Treasury bill rate is from Ibbotson Associates SBBI
module and pertains to a bill with at least one month to maturity.
The pure small stock return is the intercept plus residual in a regression of the small stock return (from Ibbotson Associates SBBI
Yearbook) on the market return.
Ibbotson Associates, 1994, SBBI
1994 Yearbook (Chicago: Ibbotson Associates).
The Ibbotson SBBI
Valuation Yearbook is published by Morningstar, Inc.
1986, Stocks, Bonds, Bills and Inflation, updated in SBBI
1986 Yearbook (Chicago: Ibbotson Associates).
Yearbook is an essential reference for every financial professional.
Professor Ibbotson will sign a number of yearbooks that will be distributed randomly to people who order the 2004 SBBI