UST BENCHMARK RATE Definition

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UST BENCHMARK RATE is the yield to maturity (calculated in accordance with standard market practice) corresponding to the bid-side price for the relevant UST Bond.

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YELLING MARKETS refers to markets where transactions involve the yelling of prices and quantities during the transaction.

PREMISE OF VALUE is an assumption regarding the most likely set of transactional circumstances that may be applicable to the subject valuation; e.g. going concern, liquidation.

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