Compute the value of a 45 percent interest in L&B Enterprises allowing for these assumptions Amount 5% Assumption Minority interest discount Control premium Lack of marketability discount Loss of a key person discount Five-year unweighted average earnings with most recent years weighted heaviest, using net income Five-year unweighted average P/E ratio for earnings capitalization 25% 13% Compute the value of a 45 percent interest in L&B Enterprises allowing for these assumptions Amount 5% Assumption Minority interest discount Control premium Lack of marketability discount Loss of a key person discount Five-year unweighted average earnings with most recent years weighted heaviest, using net income Five-year unweighted average P/E ratio for earnings capitalization 25% 13%