THE SUMMARY (BUILT-UP) CAPITALIZATION RATE FACTORS FOR RETAILERS

Steven E. Bolten, B.S. (Wharton School of Finance and Commerce); M.B.A. and Ph.D. (New York University) ie Professor of Finance at the University of South Florida, Tampa, FL and consultant on business valuations.

James W. Brockardt, M.B.A. (Rutgers) is a partner and co-founder of South-eastern Financial Valuations, Inc.

Michael J. Ward, M.Acc. (University of South Florida) is a partner and co-founder of Southeastern Financial Valuations, Inc.