Shareholder Value and Dividend Discount Method

These are the residual value methods and values used:

Method	Specific Value
Perpetuity Method	Long-term cost of capital
Growth in Perpetuity	Long-term cost of capital
Value Growth Duration	Long-term cost of capital
Price/Earnings Ratio	Normalized earnings adjustment
Market-to-Book Ratio	Market-to-book ratio
Liquidation Value	Liquidation value