B D 1 Note: Shaded areas should contain formulas calculating the corresponding numbers. Please do not change 2 Treasures rate CAPM 10-yr Treasury yield (April 1988) 8.00% MRP 4 1-yr Treasury yield (April 1988) 6.00% If 5 LT Treasury retums (historical) 4.50% 6 ST Treasury retums (historical) 3.50% 7 VW market retums 13.00% 8 Tax rate 20% 9 10 Lodging 75% 11 Target Leverage 12 Floating weight 13 Fixed weight 14 Spread 15 Fixed Ro 16 Float Ro 17 WA RO 50% 50% 1.10% 9.10% 4.60% 6.85% Restaurants 42% 25% 75% 1.80% 6.20% 5.30% Contract services 40% 40% 60% 1.40% 6.60% 4.90% 18 B 19 0.13 X NNNN B D 1 Note: Shaded areas should contain formulas calculating the corresponding numbers. Please do not change 2 Treasures rate CAPM 10-yr Treasury yield (April 1988) 8.00% MRP 4 1-yr Treasury yield (April 1988) 6.00% If 5 LT Treasury retums (historical) 4.50% 6 ST Treasury retums (historical) 3.50% 7 VW market retums 13.00% 8 Tax rate 20% 9 10 Lodging 75% 11 Target Leverage 12 Floating weight 13 Fixed weight 14 Spread 15 Fixed Ro 16 Float Ro 17 WA RO 50% 50% 1.10% 9.10% 4.60% 6.85% Restaurants 42% 25% 75% 1.80% 6.20% 5.30% Contract services 40% 40% 60% 1.40% 6.60% 4.90% 18 B 19 0.13 X NNNN