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REGIE DE L'NERGIE
FILE R-3492-2002
By: Dr. Lawrence Kryzanowski
Dr. Gordon Roberts
March 13, 2002
Part II
RATE OF RETURN ON
COMMON EQUITY OR ROE
We rely primarily on the Equity risk
premium test
RELATIVELY SMALL
REGULATORS OCCASIONALLY
EXPRESS PUBLIC CONCERN ABOUT:
LACK OF TRANSPARENCY IN THIS
MARKET
INABILITY TO MEASURE EXPOSURE
ACCURATELY