id	sid	tid	token	lemma	pos
ajfa-4160	1	1	microsoft	microsoft	PROPN
ajfa-4160	1	2	word	word	PROPN
ajfa-4160	1	3	onb	onb	ADJ
ajfa-4160	1	4	warrants	warrant	NOUN
ajfa-4160	1	5	ajfa	ajfa	ADV
ajfa-4160	1	6	-	-	PUNCT
ajfa-4160	1	7	writer2	writer2	VERB
ajfa-4160	1	8	-	-	ADJ
ajfa-4160	1	9	new	new	ADJ
ajfa-4160	1	10	asian	asian	ADJ
ajfa-4160	1	11	journal	journal	NOUN
ajfa-4160	1	12	of	of	ADP
ajfa-4160	1	13	finance	finance	PROPN
ajfa-4160	1	14	&	&	CCONJ
ajfa-4160	1	15	accounting	accounting	PROPN
ajfa-4160	1	16	issn	issn	PROPN
ajfa-4160	1	17	1946	1946	NUM
ajfa-4160	1	18	-	-	PUNCT
ajfa-4160	1	19	052x	052x	PROPN
ajfa-4160	1	20	2014	2014	NUM
ajfa-4160	1	21	,	,	PUNCT
ajfa-4160	1	22	vol	vol	NOUN
ajfa-4160	1	23	.	.	PROPN
ajfa-4160	1	24	6	6	NUM
ajfa-4160	1	25	,	,	PUNCT
ajfa-4160	1	26	no	no	INTJ
ajfa-4160	1	27	.	.	NOUN
ajfa-4160	1	28	2	2	NUM
ajfa-4160	1	29	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4160	1	30	343	343	NUM
ajfa-4160	1	31	valuing	value	VERB
ajfa-4160	1	32	the	the	DET
ajfa-4160	1	33	first	first	ADJ
ajfa-4160	1	34	negotiated	negotiate	VERB
ajfa-4160	1	35	repurchase	repurchase	NOUN
ajfa-4160	1	36	of	of	ADP
ajfa-4160	1	37	the	the	DET
ajfa-4160	1	38	tarp	tarp	NOUN
ajfa-4160	1	39	warrants	warrants	PROPN
ajfa-4160	1	40	dr	dr	PROPN
ajfa-4160	1	41	.	.	PROPN
ajfa-4160	1	42	linus	linus	PROPN
ajfa-4160	1	43	wilson	wilson	PROPN
ajfa-4160	1	44	associate	associate	NOUN
ajfa-4160	1	45	professor	professor	NOUN
ajfa-4160	1	46	of	of	ADP
ajfa-4160	1	47	finance	finance	NOUN
ajfa-4160	1	48	,	,	PUNCT
ajfa-4160	1	49	university	university	NOUN
ajfa-4160	1	50	of	of	ADP
ajfa-4160	1	51	louisiana	louisiana	PROPN
ajfa-4160	1	52	at	at	ADP
ajfa-4160	1	53	lafayette	lafayette	PROPN
ajfa-4160	1	54	b.	b.	PROPN
ajfa-4160	1	55	i.	i.	PROPN
ajfa-4160	1	56	moody	moody	PROPN
ajfa-4160	1	57	iii	iii	PROPN
ajfa-4160	1	58	college	college	PROPN
ajfa-4160	1	59	of	of	ADP
ajfa-4160	1	60	business	business	NOUN
ajfa-4160	1	61	,	,	PUNCT
ajfa-4160	1	62	214	214	NUM
ajfa-4160	1	63	hebrard	hebrard	ADJ
ajfa-4160	1	64	boulevard	boulevard	NOUN
ajfa-4160	1	65	,	,	PUNCT
ajfa-4160	1	66	moody	moody	PROPN
ajfa-4160	1	67	hall	hall	NOUN
ajfa-4160	1	68	253	253	NUM
ajfa-4160	1	69	p.	p.	NOUN
ajfa-4160	1	70	o.	o.	PROPN
ajfa-4160	1	71	box	box	PROPN
ajfa-4160	1	72	44570	44570	NUM
ajfa-4160	1	73	,	,	PUNCT
ajfa-4160	1	74	lafayette	lafayette	PROPN
ajfa-4160	1	75	,	,	PUNCT
ajfa-4160	1	76	la	la	ADJ
ajfa-4160	1	77	70504	70504	NUM
ajfa-4160	1	78	-	-	SYM
ajfa-4160	1	79	4570	4570	NUM
ajfa-4160	1	80	tel	tel	NOUN
ajfa-4160	1	81	:	:	PUNCT
ajfa-4160	1	82	(	(	PUNCT
ajfa-4160	1	83	337	337	NUM
ajfa-4160	1	84	)	)	PUNCT
ajfa-4160	1	85	482	482	NUM
ajfa-4160	1	86	-	-	SYM
ajfa-4160	1	87	6209	6209	NUM
ajfa-4160	1	88	e	e	NOUN
ajfa-4160	1	89	-	-	NOUN
ajfa-4160	1	90	mail	mail	NOUN
ajfa-4160	1	91	:	:	PUNCT
ajfa-4160	1	92	linuswilson@louisiana.edu	linuswilson@louisiana.edu	PUNCT
ajfa-4160	2	1	website	website	NOUN
ajfa-4160	2	2	:	:	PUNCT
ajfa-4160	2	3	http://www.linuswilson.com	http://www.linuswilson.com	X
ajfa-4160	2	4	received	receive	VERB
ajfa-4160	2	5	:	:	PUNCT
ajfa-4160	2	6	august	august	PROPN
ajfa-4160	2	7	21	21	NUM
ajfa-4160	2	8	,	,	PUNCT
ajfa-4160	2	9	2013	2013	NUM
ajfa-4160	2	10	accepted	accept	VERB
ajfa-4160	2	11	:	:	PUNCT
ajfa-4160	2	12	oct	oct	PROPN
ajfa-4160	2	13	.	.	PROPN
ajfa-4160	2	14	29	29	NUM
ajfa-4160	2	15	,	,	PUNCT
ajfa-4160	2	16	2014	2014	NUM
ajfa-4160	2	17	published	publish	VERB
ajfa-4160	2	18	:	:	PUNCT
ajfa-4160	2	19	december	december	PROPN
ajfa-4160	2	20	1	1	NUM
ajfa-4160	2	21	,	,	PUNCT
ajfa-4160	2	22	2014	2014	NUM
ajfa-4160	2	23	doi:10.5296	doi:10.5296	NOUN
ajfa-4160	2	24	/	/	SYM
ajfa-4160	2	25	ajfa.v6i2.4160	ajfa.v6i2.4160	NOUN
ajfa-4160	2	26	url	url	NOUN
ajfa-4160	2	27	:	:	PUNCT
ajfa-4160	2	28	http://dx.doi.org/10.5296/ajfa.v6i2.4160	http://dx.doi.org/10.5296/ajfa.v6i2.4160	X
ajfa-4160	2	29	abstract	abstract	ADJ
ajfa-4160	2	30	on	on	ADP
ajfa-4160	2	31	may	may	PROPN
ajfa-4160	2	32	11	11	NUM
ajfa-4160	2	33	,	,	PUNCT
ajfa-4160	2	34	2009	2009	NUM
ajfa-4160	2	35	,	,	PUNCT
ajfa-4160	2	36	old	old	ADJ
ajfa-4160	2	37	national	national	PROPN
ajfa-4160	2	38	bancorp	bancorp	PROPN
ajfa-4160	2	39	was	be	AUX
ajfa-4160	2	40	the	the	DET
ajfa-4160	2	41	first	first	ADJ
ajfa-4160	2	42	publicly	publicly	ADV
ajfa-4160	2	43	traded	trade	VERB
ajfa-4160	2	44	bank	bank	NOUN
ajfa-4160	2	45	to	to	PART
ajfa-4160	2	46	buy	buy	VERB
ajfa-4160	2	47	back	back	ADV
ajfa-4160	2	48	its	its	PRON
ajfa-4160	2	49	capital	capital	NOUN
ajfa-4160	2	50	purchase	purchase	NOUN
ajfa-4160	2	51	program	program	NOUN
ajfa-4160	2	52	warrants	warrant	NOUN
ajfa-4160	2	53	.	.	PUNCT
ajfa-4160	3	1	it	it	PRON
ajfa-4160	3	2	paid	pay	VERB
ajfa-4160	3	3	$	$	SYM
ajfa-4160	3	4	1.2	1.2	NUM
ajfa-4160	3	5	million	million	NUM
ajfa-4160	3	6	,	,	PUNCT
ajfa-4160	3	7	which	which	PRON
ajfa-4160	3	8	is	be	AUX
ajfa-4160	3	9	below	below	ADP
ajfa-4160	3	10	the	the	DET
ajfa-4160	3	11	low	low	ADJ
ajfa-4160	3	12	-	-	PUNCT
ajfa-4160	3	13	end	end	NOUN
ajfa-4160	3	14	of	of	ADP
ajfa-4160	3	15	this	this	DET
ajfa-4160	3	16	note	note	NOUN
ajfa-4160	3	17	’s	’s	PART
ajfa-4160	3	18	estimates	estimate	NOUN
ajfa-4160	3	19	of	of	ADP
ajfa-4160	3	20	the	the	DET
ajfa-4160	3	21	fair	fair	ADJ
ajfa-4160	3	22	market	market	NOUN
ajfa-4160	3	23	value	value	NOUN
ajfa-4160	3	24	of	of	ADP
ajfa-4160	3	25	the	the	DET
ajfa-4160	3	26	warrants	warrant	NOUN
ajfa-4160	3	27	.	.	PUNCT
ajfa-4160	4	1	this	this	DET
ajfa-4160	4	2	note	note	NOUN
ajfa-4160	4	3	estimates	estimate	VERB
ajfa-4160	4	4	the	the	DET
ajfa-4160	4	5	warrants	warrant	NOUN
ajfa-4160	4	6	are	be	AUX
ajfa-4160	4	7	worth	worth	ADJ
ajfa-4160	4	8	between	between	ADP
ajfa-4160	4	9	$	$	SYM
ajfa-4160	4	10	1.5	1.5	NUM
ajfa-4160	4	11	and	and	CCONJ
ajfa-4160	4	12	$	$	SYM
ajfa-4160	4	13	6.9	6.9	NUM
ajfa-4160	4	14	million	million	NUM
ajfa-4160	4	15	.	.	PUNCT
ajfa-4160	5	1	this	this	DET
ajfa-4160	5	2	low	low	ADJ
ajfa-4160	5	3	negotiated	negotiate	VERB
ajfa-4160	5	4	price	price	NOUN
ajfa-4160	5	5	,	,	PUNCT
ajfa-4160	5	6	from	from	ADP
ajfa-4160	5	7	the	the	DET
ajfa-4160	5	8	perspective	perspective	NOUN
ajfa-4160	5	9	of	of	ADP
ajfa-4160	5	10	taxpayers	taxpayer	NOUN
ajfa-4160	5	11	,	,	PUNCT
ajfa-4160	5	12	indicates	indicate	VERB
ajfa-4160	5	13	that	that	SCONJ
ajfa-4160	5	14	the	the	DET
ajfa-4160	5	15	u.s	u.s	PROPN
ajfa-4160	5	16	.	.	PROPN
ajfa-4160	5	17	treasury	treasury	PROPN
ajfa-4160	5	18	would	would	AUX
ajfa-4160	5	19	probably	probably	ADV
ajfa-4160	5	20	get	get	VERB
ajfa-4160	5	21	a	a	DET
ajfa-4160	5	22	better	well	ADJ
ajfa-4160	5	23	price	price	NOUN
ajfa-4160	5	24	marketing	marketing	NOUN
ajfa-4160	5	25	the	the	DET
ajfa-4160	5	26	cpp	cpp	PROPN
ajfa-4160	5	27	warrants	warrant	NOUN
ajfa-4160	5	28	to	to	ADP
ajfa-4160	5	29	third	third	ADJ
ajfa-4160	5	30	party	party	NOUN
ajfa-4160	5	31	investors	investor	NOUN
ajfa-4160	5	32	.	.	PUNCT
ajfa-4160	6	1	keywords	keyword	NOUN
ajfa-4160	6	2	:	:	PUNCT
ajfa-4160	6	3	bailout	bailout	NOUN
ajfa-4160	6	4	,	,	PUNCT
ajfa-4160	6	5	banks	bank	NOUN
ajfa-4160	6	6	,	,	PUNCT
ajfa-4160	6	7	banking	banking	NOUN
ajfa-4160	6	8	,	,	PUNCT
ajfa-4160	6	9	capital	capital	NOUN
ajfa-4160	6	10	purchase	purchase	NOUN
ajfa-4160	6	11	program	program	NOUN
ajfa-4160	6	12	,	,	PUNCT
ajfa-4160	6	13	emergency	emergency	NOUN
ajfa-4160	6	14	economic	economic	ADJ
ajfa-4160	6	15	stabilization	stabilization	NOUN
ajfa-4160	6	16	act	act	PROPN
ajfa-4160	6	17	,	,	PUNCT
ajfa-4160	6	18	options	option	NOUN
ajfa-4160	6	19	,	,	PUNCT
ajfa-4160	6	20	tarp	tarp	NOUN
ajfa-4160	6	21	,	,	PUNCT
ajfa-4160	6	22	valuation	valuation	NOUN
ajfa-4160	6	23	,	,	PUNCT
ajfa-4160	6	24	warrants	warrant	NOUN
ajfa-4160	6	25	journal	journal	NOUN
ajfa-4160	6	26	of	of	ADP
ajfa-4160	6	27	economic	economic	ADJ
ajfa-4160	6	28	literature	literature	NOUN
ajfa-4160	6	29	codes	code	NOUN
ajfa-4160	6	30	:	:	PUNCT
ajfa-4160	6	31	g01	g01	NOUN
ajfa-4160	6	32	,	,	PUNCT
ajfa-4160	6	33	g13	g13	PROPN
ajfa-4160	6	34	,	,	PUNCT
ajfa-4160	6	35	g21	g21	PROPN
ajfa-4160	6	36	,	,	PUNCT
ajfa-4160	6	37	g28	g28	NOUN
ajfa-4160	6	38	,	,	PUNCT
ajfa-4160	6	39	g32	g32	NOUN
ajfa-4160	6	40	,	,	PUNCT
ajfa-4160	6	41	g38	g38	ADJ
ajfa-4160	6	42	asian	asian	ADJ
ajfa-4160	6	43	journal	journal	NOUN
ajfa-4160	6	44	of	of	ADP
ajfa-4160	6	45	finance	finance	PROPN
ajfa-4160	6	46	&	&	CCONJ
ajfa-4160	6	47	accounting	accounting	PROPN
ajfa-4160	6	48	issn	issn	PROPN
ajfa-4160	6	49	1946	1946	NUM
ajfa-4160	6	50	-	-	PUNCT
ajfa-4160	6	51	052x	052x	PROPN
ajfa-4160	6	52	2014	2014	NUM
ajfa-4160	6	53	,	,	PUNCT
ajfa-4160	6	54	vol	vol	NOUN
ajfa-4160	6	55	.	.	PROPN
ajfa-4160	7	1	6	6	NUM
ajfa-4160	7	2	,	,	PUNCT
ajfa-4160	7	3	no	no	INTJ
ajfa-4160	7	4	.	.	NOUN
ajfa-4160	7	5	2	2	NUM
ajfa-4160	7	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4160	7	7	344	344	NUM
ajfa-4160	7	8	1	1	NUM
ajfa-4160	7	9	.	.	PUNCT
ajfa-4160	8	1	introduction	introduction	NOUN
ajfa-4160	8	2	the	the	DET
ajfa-4160	8	3	emergency	emergency	NOUN
ajfa-4160	8	4	economic	economic	ADJ
ajfa-4160	8	5	stabilization	stabilization	NOUN
ajfa-4160	8	6	act	act	NOUN
ajfa-4160	8	7	of	of	ADP
ajfa-4160	8	8	2008	2008	NUM
ajfa-4160	8	9	created	create	VERB
ajfa-4160	8	10	the	the	DET
ajfa-4160	8	11	$	$	SYM
ajfa-4160	8	12	700	700	NUM
ajfa-4160	8	13	billion	billion	NUM
ajfa-4160	8	14	dollar	dollar	NOUN
ajfa-4160	8	15	troubled	trouble	VERB
ajfa-4160	8	16	asset	asset	NOUN
ajfa-4160	8	17	relief	relief	NOUN
ajfa-4160	8	18	program	program	NOUN
ajfa-4160	8	19	(	(	PUNCT
ajfa-4160	8	20	tarp	tarp	NOUN
ajfa-4160	8	21	)	)	PUNCT
ajfa-4160	8	22	.	.	PUNCT
ajfa-4160	9	1	that	that	DET
ajfa-4160	9	2	legislation	legislation	NOUN
ajfa-4160	9	3	mandated	mandate	VERB
ajfa-4160	9	4	the	the	DET
ajfa-4160	9	5	purchase	purchase	NOUN
ajfa-4160	9	6	of	of	ADP
ajfa-4160	9	7	warrants	warrant	NOUN
ajfa-4160	9	8	in	in	ADP
ajfa-4160	9	9	banks	bank	NOUN
ajfa-4160	9	10	which	which	PRON
ajfa-4160	9	11	sold	sell	VERB
ajfa-4160	9	12	assets	asset	NOUN
ajfa-4160	9	13	to	to	ADP
ajfa-4160	9	14	the	the	DET
ajfa-4160	9	15	u.s	u.s	PROPN
ajfa-4160	9	16	.	.	PROPN
ajfa-4160	9	17	treasury	treasury	PROPN
ajfa-4160	9	18	.	.	PUNCT
ajfa-4160	10	1	on	on	ADP
ajfa-4160	10	2	october	october	PROPN
ajfa-4160	10	3	13	13	NUM
ajfa-4160	10	4	,	,	PUNCT
ajfa-4160	10	5	2009	2009	NUM
ajfa-4160	10	6	,	,	PUNCT
ajfa-4160	10	7	u.s	u.s	PROPN
ajfa-4160	10	8	.	.	PROPN
ajfa-4160	10	9	treasury	treasury	PROPN
ajfa-4160	10	10	secretary	secretary	PROPN
ajfa-4160	10	11	henry	henry	PROPN
ajfa-4160	10	12	paulson	paulson	PROPN
ajfa-4160	10	13	announced	announce	VERB
ajfa-4160	10	14	the	the	DET
ajfa-4160	10	15	capital	capital	NOUN
ajfa-4160	10	16	purchase	purchase	NOUN
ajfa-4160	10	17	program	program	NOUN
ajfa-4160	10	18	(	(	PUNCT
ajfa-4160	10	19	cpp	cpp	NOUN
ajfa-4160	10	20	)	)	PUNCT
ajfa-4160	10	21	to	to	PART
ajfa-4160	10	22	buy	buy	VERB
ajfa-4160	10	23	warrants	warrant	NOUN
ajfa-4160	10	24	and	and	CCONJ
ajfa-4160	10	25	preferred	preferred	ADJ
ajfa-4160	10	26	stock	stock	NOUN
ajfa-4160	10	27	in	in	ADP
ajfa-4160	10	28	healthy	healthy	ADJ
ajfa-4160	10	29	banks	bank	NOUN
ajfa-4160	10	30	.	.	PUNCT
ajfa-4160	11	1	the	the	DET
ajfa-4160	11	2	cpp	cpp	PROPN
ajfa-4160	11	3	preferred	preferred	ADJ
ajfa-4160	11	4	stock	stock	NOUN
ajfa-4160	11	5	pays	pay	VERB
ajfa-4160	11	6	dividends	dividend	NOUN
ajfa-4160	11	7	at	at	ADP
ajfa-4160	11	8	5	5	NUM
ajfa-4160	11	9	percent	percent	NOUN
ajfa-4160	11	10	per	per	ADP
ajfa-4160	11	11	annum	annum	NOUN
ajfa-4160	11	12	for	for	ADP
ajfa-4160	11	13	the	the	DET
ajfa-4160	11	14	first	first	ADJ
ajfa-4160	11	15	five	five	NUM
ajfa-4160	11	16	years	year	NOUN
ajfa-4160	11	17	and	and	CCONJ
ajfa-4160	11	18	9	9	NUM
ajfa-4160	11	19	percent	percent	NOUN
ajfa-4160	11	20	per	per	ADP
ajfa-4160	11	21	annum	annum	X
ajfa-4160	11	22	thereafter.1	thereafter.1	PROPN
ajfa-4160	11	23	by	by	ADP
ajfa-4160	11	24	march	march	PROPN
ajfa-4160	11	25	31	31	NUM
ajfa-4160	11	26	,	,	PUNCT
ajfa-4160	11	27	2009	2009	NUM
ajfa-4160	11	28	,	,	PUNCT
ajfa-4160	11	29	over	over	ADP
ajfa-4160	11	30	500	500	NUM
ajfa-4160	11	31	financial	financial	ADJ
ajfa-4160	11	32	institutions	institution	NOUN
ajfa-4160	11	33	received	receive	VERB
ajfa-4160	11	34	funds	fund	NOUN
ajfa-4160	11	35	totaling	total	VERB
ajfa-4160	11	36	nearly	nearly	ADV
ajfa-4160	11	37	$	$	SYM
ajfa-4160	11	38	200	200	NUM
ajfa-4160	11	39	billion	billion	NUM
ajfa-4160	11	40	dollars	dollar	NOUN
ajfa-4160	11	41	,	,	PUNCT
ajfa-4160	11	42	according	accord	VERB
ajfa-4160	11	43	to	to	ADP
ajfa-4160	11	44	sigtarp	sigtarp	ADJ
ajfa-4160	11	45	(	(	PUNCT
ajfa-4160	11	46	2009	2009	NUM
ajfa-4160	11	47	,	,	PUNCT
ajfa-4160	11	48	p.	p.	NOUN
ajfa-4160	11	49	47	47	NUM
ajfa-4160	11	50	)	)	PUNCT
ajfa-4160	11	51	.	.	PUNCT
ajfa-4160	12	1	closely	closely	ADV
ajfa-4160	12	2	held	hold	VERB
ajfa-4160	12	3	centra	centra	PROPN
ajfa-4160	12	4	bank	bank	PROPN
ajfa-4160	12	5	was	be	AUX
ajfa-4160	12	6	the	the	DET
ajfa-4160	12	7	first	first	ADJ
ajfa-4160	12	8	bank	bank	NOUN
ajfa-4160	12	9	to	to	PART
ajfa-4160	12	10	repurchase	repurchase	VERB
ajfa-4160	12	11	the	the	DET
ajfa-4160	12	12	tarp	tarp	NOUN
ajfa-4160	12	13	warrants	warrant	NOUN
ajfa-4160	12	14	.	.	PUNCT
ajfa-4160	13	1	nevertheless	nevertheless	ADV
ajfa-4160	13	2	,	,	PUNCT
ajfa-4160	13	3	because	because	SCONJ
ajfa-4160	13	4	centra	centra	PROPN
ajfa-4160	13	5	was	be	AUX
ajfa-4160	13	6	a	a	DET
ajfa-4160	13	7	privately	privately	ADV
ajfa-4160	13	8	held	hold	VERB
ajfa-4160	13	9	bank	bank	NOUN
ajfa-4160	13	10	,	,	PUNCT
ajfa-4160	13	11	its	its	PRON
ajfa-4160	13	12	purchase	purchase	NOUN
ajfa-4160	13	13	agreement	agreement	NOUN
ajfa-4160	13	14	,	,	PUNCT
ajfa-4160	13	15	which	which	PRON
ajfa-4160	13	16	the	the	DET
ajfa-4160	13	17	bank	bank	NOUN
ajfa-4160	13	18	management	management	NOUN
ajfa-4160	13	19	signed	sign	VERB
ajfa-4160	13	20	,	,	PUNCT
ajfa-4160	13	21	specified	specify	VERB
ajfa-4160	13	22	that	that	SCONJ
ajfa-4160	13	23	the	the	DET
ajfa-4160	13	24	cost	cost	NOUN
ajfa-4160	13	25	of	of	ADP
ajfa-4160	13	26	buying	buy	VERB
ajfa-4160	13	27	back	back	ADP
ajfa-4160	13	28	the	the	DET
ajfa-4160	13	29	warrants	warrant	NOUN
ajfa-4160	13	30	would	would	AUX
ajfa-4160	13	31	be	be	AUX
ajfa-4160	13	32	five	five	NUM
ajfa-4160	13	33	percent	percent	NOUN
ajfa-4160	13	34	of	of	ADP
ajfa-4160	13	35	the	the	DET
ajfa-4160	13	36	face	face	NOUN
ajfa-4160	13	37	value	value	NOUN
ajfa-4160	13	38	of	of	ADP
ajfa-4160	13	39	the	the	DET
ajfa-4160	13	40	preferred	prefer	VERB
ajfa-4160	13	41	stock	stock	NOUN
ajfa-4160	13	42	investment.2	investment.2	NOUN
ajfa-4160	13	43	for	for	ADP
ajfa-4160	13	44	publicly	publicly	ADV
ajfa-4160	13	45	held	hold	VERB
ajfa-4160	13	46	banks	bank	NOUN
ajfa-4160	13	47	,	,	PUNCT
ajfa-4160	13	48	section	section	NOUN
ajfa-4160	13	49	4.9	4.9	NUM
ajfa-4160	13	50	of	of	ADP
ajfa-4160	13	51	the	the	DET
ajfa-4160	13	52	securities	security	NOUN
ajfa-4160	13	53	purchase	purchase	NOUN
ajfa-4160	13	54	agreement	agreement	NOUN
ajfa-4160	13	55	gives	give	VERB
ajfa-4160	13	56	banks	bank	NOUN
ajfa-4160	13	57	the	the	DET
ajfa-4160	13	58	right	right	NOUN
ajfa-4160	13	59	to	to	PART
ajfa-4160	13	60	repurchase	repurchase	VERB
ajfa-4160	13	61	the	the	DET
ajfa-4160	13	62	warrants	warrant	NOUN
ajfa-4160	13	63	at	at	ADP
ajfa-4160	13	64	“	"	PUNCT
ajfa-4160	13	65	fair	fair	ADJ
ajfa-4160	13	66	market	market	NOUN
ajfa-4160	13	67	value	value	NOUN
ajfa-4160	13	68	.	.	PUNCT
ajfa-4160	13	69	”3	”3	PUNCT
ajfa-4160	14	1	old	old	PROPN
ajfa-4160	14	2	national	national	PROPN
ajfa-4160	14	3	bancorp	bancorp	PROPN
ajfa-4160	14	4	(	(	PUNCT
ajfa-4160	14	5	onb	onb	ADJ
ajfa-4160	14	6	)	)	PUNCT
ajfa-4160	14	7	was	be	AUX
ajfa-4160	14	8	the	the	DET
ajfa-4160	14	9	first	first	ADJ
ajfa-4160	14	10	publicly	publicly	ADV
ajfa-4160	14	11	held	hold	VERB
ajfa-4160	14	12	bank	bank	NOUN
ajfa-4160	14	13	to	to	PART
ajfa-4160	14	14	negotiate	negotiate	VERB
ajfa-4160	14	15	its	its	PRON
ajfa-4160	14	16	repurchase	repurchase	NOUN
ajfa-4160	14	17	of	of	ADP
ajfa-4160	14	18	the	the	DET
ajfa-4160	14	19	cpp	cpp	PROPN
ajfa-4160	14	20	warrants	warrant	NOUN
ajfa-4160	14	21	on	on	ADP
ajfa-4160	14	22	may	may	PROPN
ajfa-4160	14	23	11	11	NUM
ajfa-4160	14	24	,	,	PUNCT
ajfa-4160	14	25	2009	2009	NUM
ajfa-4160	14	26	.	.	PUNCT
ajfa-4160	15	1	old	old	PROPN
ajfa-4160	15	2	national	national	PROPN
ajfa-4160	15	3	bancorp	bancorp	PROPN
ajfa-4160	15	4	,	,	PUNCT
ajfa-4160	15	5	which	which	PRON
ajfa-4160	15	6	is	be	AUX
ajfa-4160	15	7	traded	trade	VERB
ajfa-4160	15	8	on	on	ADP
ajfa-4160	15	9	the	the	DET
ajfa-4160	15	10	new	new	PROPN
ajfa-4160	15	11	york	york	PROPN
ajfa-4160	15	12	stock	stock	PROPN
ajfa-4160	15	13	exchange	exchange	PROPN
ajfa-4160	15	14	under	under	ADP
ajfa-4160	15	15	the	the	DET
ajfa-4160	15	16	ticker	ticker	NOUN
ajfa-4160	15	17	of	of	ADP
ajfa-4160	15	18	onb	onb	ADJ
ajfa-4160	15	19	,	,	PUNCT
ajfa-4160	15	20	received	receive	VERB
ajfa-4160	15	21	$	$	SYM
ajfa-4160	15	22	100	100	NUM
ajfa-4160	15	23	million	million	NUM
ajfa-4160	15	24	dollars	dollar	NOUN
ajfa-4160	15	25	from	from	ADP
ajfa-4160	15	26	the	the	DET
ajfa-4160	15	27	capital	capital	NOUN
ajfa-4160	15	28	purchase	purchase	NOUN
ajfa-4160	15	29	program	program	NOUN
ajfa-4160	15	30	on	on	ADP
ajfa-4160	15	31	december	december	PROPN
ajfa-4160	15	32	12	12	NUM
ajfa-4160	15	33	,	,	PUNCT
ajfa-4160	15	34	2008	2008	NUM
ajfa-4160	15	35	.	.	PUNCT
ajfa-4160	16	1	the	the	DET
ajfa-4160	16	2	company	company	NOUN
ajfa-4160	16	3	had	have	VERB
ajfa-4160	16	4	$	$	SYM
ajfa-4160	16	5	7.9	7.9	NUM
ajfa-4160	16	6	billion	billion	NUM
ajfa-4160	16	7	in	in	ADP
ajfa-4160	16	8	assets	asset	NOUN
ajfa-4160	16	9	as	as	ADP
ajfa-4160	16	10	of	of	ADP
ajfa-4160	16	11	its	its	PRON
ajfa-4160	16	12	last	last	ADJ
ajfa-4160	16	13	10	10	NUM
ajfa-4160	16	14	-	-	PUNCT
ajfa-4160	16	15	k	k	NOUN
ajfa-4160	16	16	filing	filing	NOUN
ajfa-4160	16	17	.	.	PUNCT
ajfa-4160	17	1	onb	onb	ADJ
ajfa-4160	17	2	was	be	AUX
ajfa-4160	17	3	founded	found	VERB
ajfa-4160	17	4	in	in	ADP
ajfa-4160	17	5	evansville	evansville	PROPN
ajfa-4160	17	6	,	,	PUNCT
ajfa-4160	17	7	indiana	indiana	PROPN
ajfa-4160	17	8	,	,	PUNCT
ajfa-4160	17	9	in	in	ADP
ajfa-4160	17	10	1834	1834	NUM
ajfa-4160	17	11	.	.	PUNCT
ajfa-4160	18	1	it	it	PRON
ajfa-4160	18	2	is	be	AUX
ajfa-4160	18	3	one	one	NUM
ajfa-4160	18	4	of	of	ADP
ajfa-4160	18	5	the	the	DET
ajfa-4160	18	6	top	top	ADJ
ajfa-4160	18	7	100	100	NUM
ajfa-4160	18	8	bank	bank	NOUN
ajfa-4160	18	9	holding	hold	VERB
ajfa-4160	18	10	companies	company	NOUN
ajfa-4160	18	11	in	in	ADP
ajfa-4160	18	12	the	the	DET
ajfa-4160	18	13	united	united	PROPN
ajfa-4160	18	14	states	states	PROPN
ajfa-4160	18	15	in	in	ADP
ajfa-4160	18	16	terms	term	NOUN
ajfa-4160	18	17	of	of	ADP
ajfa-4160	18	18	assets	asset	NOUN
ajfa-4160	18	19	.	.	PUNCT
ajfa-4160	19	1	nevertheless	nevertheless	ADV
ajfa-4160	19	2	,	,	PUNCT
ajfa-4160	19	3	it	it	PRON
ajfa-4160	19	4	considers	consider	VERB
ajfa-4160	19	5	itself	itself	PRON
ajfa-4160	19	6	a	a	DET
ajfa-4160	19	7	community	community	NOUN
ajfa-4160	19	8	bank	bank	NOUN
ajfa-4160	19	9	with	with	ADP
ajfa-4160	19	10	operations	operation	NOUN
ajfa-4160	19	11	in	in	ADP
ajfa-4160	19	12	indiana	indiana	PROPN
ajfa-4160	19	13	,	,	PUNCT
ajfa-4160	19	14	illinois	illinois	PROPN
ajfa-4160	19	15	,	,	PUNCT
ajfa-4160	19	16	and	and	CCONJ
ajfa-4160	19	17	kentucky	kentucky	PROPN
ajfa-4160	19	18	.	.	PUNCT
ajfa-4160	20	1	with	with	ADP
ajfa-4160	20	2	the	the	DET
ajfa-4160	20	3	approval	approval	NOUN
ajfa-4160	20	4	of	of	ADP
ajfa-4160	20	5	the	the	DET
ajfa-4160	20	6	office	office	NOUN
ajfa-4160	20	7	of	of	ADP
ajfa-4160	20	8	the	the	DET
ajfa-4160	20	9	comptroller	comptroller	NOUN
ajfa-4160	20	10	of	of	ADP
ajfa-4160	20	11	the	the	DET
ajfa-4160	20	12	currency	currency	NOUN
ajfa-4160	20	13	and	and	CCONJ
ajfa-4160	20	14	the	the	DET
ajfa-4160	20	15	federal	federal	PROPN
ajfa-4160	20	16	reserve	reserve	PROPN
ajfa-4160	20	17	,	,	PUNCT
ajfa-4160	20	18	onb	onb	ADV
ajfa-4160	20	19	repurchased	repurchase	VERB
ajfa-4160	20	20	the	the	DET
ajfa-4160	20	21	preferred	preferred	ADJ
ajfa-4160	20	22	stock	stock	NOUN
ajfa-4160	20	23	at	at	ADP
ajfa-4160	20	24	par	par	NOUN
ajfa-4160	20	25	plus	plus	CCONJ
ajfa-4160	20	26	accrued	accrue	VERB
ajfa-4160	20	27	dividends	dividend	NOUN
ajfa-4160	20	28	on	on	ADP
ajfa-4160	20	29	march	march	PROPN
ajfa-4160	20	30	31	31	NUM
ajfa-4160	20	31	,	,	PUNCT
ajfa-4160	20	32	2009	2009	NUM
ajfa-4160	20	33	.	.	PUNCT
ajfa-4160	21	1	on	on	ADP
ajfa-4160	21	2	may	may	PROPN
ajfa-4160	21	3	11	11	NUM
ajfa-4160	21	4	,	,	PUNCT
ajfa-4160	21	5	2009	2009	NUM
ajfa-4160	21	6	,	,	PUNCT
ajfa-4160	21	7	it	it	PRON
ajfa-4160	21	8	became	become	VERB
ajfa-4160	21	9	the	the	DET
ajfa-4160	21	10	first	first	ADJ
ajfa-4160	21	11	publicly	publicly	ADV
ajfa-4160	21	12	traded	trade	VERB
ajfa-4160	21	13	bank	bank	NOUN
ajfa-4160	21	14	to	to	PART
ajfa-4160	21	15	repurchase	repurchase	VERB
ajfa-4160	21	16	its	its	PRON
ajfa-4160	21	17	cpp	cpp	NOUN
ajfa-4160	21	18	warrants	warrant	NOUN
ajfa-4160	21	19	,	,	PUNCT
ajfa-4160	21	20	paying	pay	VERB
ajfa-4160	21	21	$	$	SYM
ajfa-4160	21	22	1.2	1.2	NUM
ajfa-4160	21	23	million	million	NUM
ajfa-4160	21	24	for	for	ADP
ajfa-4160	21	25	its	its	PRON
ajfa-4160	21	26	813,008	813,008	NUM
ajfa-4160	21	27	cpp	cpp	NOUN
ajfa-4160	21	28	warrants.4	warrants.4	PROPN
ajfa-4160	21	29	thus	thus	ADV
ajfa-4160	21	30	,	,	PUNCT
ajfa-4160	21	31	it	it	PRON
ajfa-4160	21	32	is	be	AUX
ajfa-4160	21	33	the	the	DET
ajfa-4160	21	34	first	first	ADJ
ajfa-4160	21	35	example	example	NOUN
ajfa-4160	21	36	of	of	ADP
ajfa-4160	21	37	the	the	DET
ajfa-4160	21	38	u.s	u.s	PROPN
ajfa-4160	21	39	.	.	PROPN
ajfa-4160	21	40	treasury	treasury	PROPN
ajfa-4160	21	41	’s	’s	PART
ajfa-4160	21	42	ability	ability	NOUN
ajfa-4160	21	43	to	to	PART
ajfa-4160	21	44	obtain	obtain	VERB
ajfa-4160	21	45	the	the	DET
ajfa-4160	21	46	fair	fair	ADJ
ajfa-4160	21	47	market	market	NOUN
ajfa-4160	21	48	value	value	NOUN
ajfa-4160	21	49	of	of	ADP
ajfa-4160	21	50	the	the	DET
ajfa-4160	21	51	cpp	cpp	PROPN
ajfa-4160	21	52	warrants	warrant	NOUN
ajfa-4160	21	53	.	.	PUNCT
ajfa-4160	22	1	this	this	PRON
ajfa-4160	22	2	is	be	AUX
ajfa-4160	22	3	the	the	DET
ajfa-4160	22	4	first	first	ADJ
ajfa-4160	22	5	paper	paper	NOUN
ajfa-4160	22	6	to	to	PART
ajfa-4160	22	7	value	value	VERB
ajfa-4160	22	8	the	the	DET
ajfa-4160	22	9	onb	onb	ADJ
ajfa-4160	22	10	warrants	warrant	NOUN
ajfa-4160	22	11	just	just	ADV
ajfa-4160	22	12	prior	prior	ADV
ajfa-4160	22	13	to	to	ADP
ajfa-4160	22	14	the	the	DET
ajfa-4160	22	15	$	$	SYM
ajfa-4160	22	16	1.2	1.2	NUM
ajfa-4160	22	17	million	million	NUM
ajfa-4160	22	18	deal	deal	NOUN
ajfa-4160	22	19	struck	strike	VERB
ajfa-4160	22	20	with	with	ADP
ajfa-4160	22	21	the	the	DET
ajfa-4160	22	22	u.s	u.s	PROPN
ajfa-4160	22	23	.	.	PROPN
ajfa-4160	22	24	treasury	treasury	PROPN
ajfa-4160	22	25	.	.	PUNCT
ajfa-4160	23	1	this	this	DET
ajfa-4160	23	2	paper	paper	NOUN
ajfa-4160	23	3	finds	find	VERB
ajfa-4160	23	4	that	that	SCONJ
ajfa-4160	23	5	the	the	DET
ajfa-4160	23	6	management	management	NOUN
ajfa-4160	23	7	of	of	ADP
ajfa-4160	23	8	onb	onb	ADJ
ajfa-4160	23	9	struck	strike	VERB
ajfa-4160	23	10	a	a	DET
ajfa-4160	23	11	good	good	ADJ
ajfa-4160	23	12	deal	deal	NOUN
ajfa-4160	23	13	for	for	ADP
ajfa-4160	23	14	its	its	PRON
ajfa-4160	23	15	shareholders	shareholder	NOUN
ajfa-4160	23	16	.	.	PUNCT
ajfa-4160	24	1	unfortunately	unfortunately	ADV
ajfa-4160	24	2	for	for	ADP
ajfa-4160	24	3	taxpayers	taxpayer	NOUN
ajfa-4160	24	4	,	,	PUNCT
ajfa-4160	24	5	the	the	DET
ajfa-4160	24	6	deal	deal	NOUN
ajfa-4160	24	7	struck	strike	VERB
ajfa-4160	24	8	is	be	AUX
ajfa-4160	24	9	at	at	ADP
ajfa-4160	24	10	below	below	ADP
ajfa-4160	24	11	the	the	DET
ajfa-4160	24	12	author	author	NOUN
ajfa-4160	24	13	’s	’s	PART
ajfa-4160	24	14	range	range	NOUN
ajfa-4160	24	15	of	of	ADP
ajfa-4160	24	16	estimates	estimate	NOUN
ajfa-4160	24	17	for	for	ADP
ajfa-4160	24	18	the	the	DET
ajfa-4160	24	19	fair	fair	ADJ
ajfa-4160	24	20	market	market	NOUN
ajfa-4160	24	21	value	value	NOUN
ajfa-4160	24	22	of	of	ADP
ajfa-4160	24	23	the	the	DET
ajfa-4160	24	24	onb	onb	ADJ
ajfa-4160	24	25	warrants	warrant	NOUN
ajfa-4160	24	26	.	.	PUNCT
ajfa-4160	25	1	this	this	DET
ajfa-4160	25	2	paper	paper	NOUN
ajfa-4160	25	3	uses	use	VERB
ajfa-4160	25	4	the	the	DET
ajfa-4160	25	5	methodology	methodology	NOUN
ajfa-4160	25	6	proposed	propose	VERB
ajfa-4160	25	7	in	in	ADP
ajfa-4160	25	8	wilson	wilson	PROPN
ajfa-4160	25	9	(	(	PUNCT
ajfa-4160	25	10	2009	2009	NUM
ajfa-4160	25	11	)	)	PUNCT
ajfa-4160	25	12	to	to	PART
ajfa-4160	25	13	value	value	VERB
ajfa-4160	25	14	the	the	DET
ajfa-4160	25	15	cpp	cpp	PROPN
ajfa-4160	25	16	warrants	warrant	NOUN
ajfa-4160	25	17	of	of	ADP
ajfa-4160	25	18	onb	onb	ADJ
ajfa-4160	25	19	.	.	PUNCT
ajfa-4160	26	1	this	this	DET
ajfa-4160	26	2	paper	paper	NOUN
ajfa-4160	26	3	finds	find	VERB
ajfa-4160	26	4	that	that	SCONJ
ajfa-4160	26	5	the	the	DET
ajfa-4160	26	6	onb	onb	ADJ
ajfa-4160	26	7	warrants	warrant	NOUN
ajfa-4160	26	8	are	be	AUX
ajfa-4160	26	9	worth	worth	ADJ
ajfa-4160	26	10	between	between	ADP
ajfa-4160	26	11	$	$	SYM
ajfa-4160	26	12	1.5	1.5	NUM
ajfa-4160	26	13	million	million	NUM
ajfa-4160	26	14	and	and	CCONJ
ajfa-4160	26	15	$	$	SYM
ajfa-4160	26	16	6.9	6.9	NUM
ajfa-4160	26	17	million	million	NUM
ajfa-4160	26	18	.	.	PUNCT
ajfa-4160	27	1	these	these	DET
ajfa-4160	27	2	estimates	estimate	NOUN
ajfa-4160	27	3	are	be	AUX
ajfa-4160	27	4	sensitive	sensitive	ADJ
ajfa-4160	27	5	to	to	ADP
ajfa-4160	27	6	assumptions	assumption	NOUN
ajfa-4160	27	7	as	as	ADP
ajfa-4160	27	8	to	to	ADP
ajfa-4160	27	9	whether	whether	SCONJ
ajfa-4160	27	10	or	or	CCONJ
ajfa-4160	27	11	not	not	PART
ajfa-4160	27	12	onb	onb	ADJ
ajfa-4160	27	13	would	would	AUX
ajfa-4160	27	14	have	have	AUX
ajfa-4160	27	15	completed	complete	VERB
ajfa-4160	27	16	a	a	DET
ajfa-4160	27	17	qualified	qualified	ADJ
ajfa-4160	27	18	equity	equity	NOUN
ajfa-4160	27	19	offering	offer	VERB
ajfa-4160	27	20	1	1	NUM
ajfa-4160	27	21	mark	mark	NOUN
ajfa-4160	27	22	landler	landler	NOUN
ajfa-4160	27	23	and	and	CCONJ
ajfa-4160	27	24	eric	eric	PROPN
ajfa-4160	27	25	dash	dash	NOUN
ajfa-4160	27	26	,	,	PUNCT
ajfa-4160	27	27	october	october	PROPN
ajfa-4160	27	28	15	15	NUM
ajfa-4160	27	29	,	,	PUNCT
ajfa-4160	27	30	2008	2008	NUM
ajfa-4160	27	31	,	,	PUNCT
ajfa-4160	27	32	“	"	PUNCT
ajfa-4160	27	33	drama	drama	NOUN
ajfa-4160	27	34	behind	behind	ADP
ajfa-4160	27	35	a	a	DET
ajfa-4160	27	36	$	$	SYM
ajfa-4160	27	37	250	250	NUM
ajfa-4160	27	38	billion	billion	NUM
ajfa-4160	27	39	banking	banking	NOUN
ajfa-4160	27	40	deal	deal	NOUN
ajfa-4160	27	41	,	,	PUNCT
ajfa-4160	27	42	”	"	PUNCT
ajfa-4160	27	43	new	new	PROPN
ajfa-4160	27	44	york	york	PROPN
ajfa-4160	27	45	times	times	PROPN
ajfa-4160	27	46	,	,	PUNCT
ajfa-4160	27	47	accessed	access	VERB
ajfa-4160	27	48	online	online	ADJ
ajfa-4160	27	49	december	december	PROPN
ajfa-4160	27	50	23	23	NUM
ajfa-4160	27	51	,	,	PUNCT
ajfa-4160	27	52	2008	2008	NUM
ajfa-4160	27	53	at	at	ADP
ajfa-4160	27	54	http://www.nytimes.com/2008/10/15/business/economy/15bailout.html	http://www.nytimes.com/2008/10/15/business/economy/15bailout.html	ADJ
ajfa-4160	27	55	?	?	PUNCT
ajfa-4160	27	56	.	.	PUNCT
ajfa-4160	28	1	2	2	NUM
ajfa-4160	28	2	damian	damian	ADJ
ajfa-4160	28	3	paletta	paletta	PROPN
ajfa-4160	28	4	and	and	CCONJ
ajfa-4160	28	5	deborah	deborah	PROPN
ajfa-4160	28	6	solomon	solomon	PROPN
ajfa-4160	28	7	,	,	PUNCT
ajfa-4160	28	8	april	april	PROPN
ajfa-4160	28	9	22	22	NUM
ajfa-4160	28	10	,	,	PUNCT
ajfa-4160	28	11	2009	2009	NUM
ajfa-4160	28	12	,	,	PUNCT
ajfa-4160	28	13	“	"	PUNCT
ajfa-4160	28	14	financial	financial	ADJ
ajfa-4160	28	15	firms	firm	NOUN
ajfa-4160	28	16	lobby	lobby	VERB
ajfa-4160	28	17	to	to	PART
ajfa-4160	28	18	cut	cut	VERB
ajfa-4160	28	19	cost	cost	NOUN
ajfa-4160	28	20	of	of	ADP
ajfa-4160	28	21	tarp	tarp	NOUN
ajfa-4160	28	22	exit	exit	NOUN
ajfa-4160	28	23	,	,	PUNCT
ajfa-4160	28	24	”	"	PUNCT
ajfa-4160	28	25	accessed	access	VERB
ajfa-4160	28	26	online	online	ADV
ajfa-4160	28	27	on	on	ADP
ajfa-4160	28	28	april	april	PROPN
ajfa-4160	28	29	27	27	NUM
ajfa-4160	28	30	,	,	PUNCT
ajfa-4160	28	31	2009	2009	NUM
ajfa-4160	28	32	at	at	ADP
ajfa-4160	28	33	http://online.wsj.com/article/sb124035639380840961.html	http://online.wsj.com/article/sb124035639380840961.html	PROPN
ajfa-4160	28	34	.	.	PUNCT
ajfa-4160	29	1	3	3	NUM
ajfa-4160	29	2	there	there	PRON
ajfa-4160	29	3	is	be	VERB
ajfa-4160	29	4	a	a	DET
ajfa-4160	29	5	flawed	flawed	ADJ
ajfa-4160	29	6	design	design	NOUN
ajfa-4160	29	7	in	in	ADP
ajfa-4160	29	8	the	the	DET
ajfa-4160	29	9	appraisal	appraisal	NOUN
ajfa-4160	29	10	process	process	NOUN
ajfa-4160	29	11	outlined	outline	VERB
ajfa-4160	29	12	in	in	ADP
ajfa-4160	29	13	the	the	DET
ajfa-4160	29	14	securities	security	NOUN
ajfa-4160	29	15	purchase	purchase	NOUN
ajfa-4160	29	16	agreement	agreement	NOUN
ajfa-4160	29	17	’s	’s	PART
ajfa-4160	29	18	section	section	NOUN
ajfa-4160	29	19	4.9	4.9	NUM
ajfa-4160	29	20	.	.	PUNCT
ajfa-4160	30	1	it	it	PRON
ajfa-4160	30	2	has	have	VERB
ajfa-4160	30	3	a	a	DET
ajfa-4160	30	4	split	split	NOUN
ajfa-4160	30	5	the	the	DET
ajfa-4160	30	6	difference	difference	NOUN
ajfa-4160	30	7	resolution	resolution	NOUN
ajfa-4160	30	8	procedure	procedure	NOUN
ajfa-4160	30	9	that	that	PRON
ajfa-4160	30	10	encourages	encourage	VERB
ajfa-4160	30	11	the	the	DET
ajfa-4160	30	12	government	government	NOUN
ajfa-4160	30	13	,	,	PUNCT
ajfa-4160	30	14	if	if	SCONJ
ajfa-4160	30	15	it	it	PRON
ajfa-4160	30	16	chooses	choose	VERB
ajfa-4160	30	17	to	to	PART
ajfa-4160	30	18	act	act	VERB
ajfa-4160	30	19	in	in	ADP
ajfa-4160	30	20	taxpayers	taxpayer	NOUN
ajfa-4160	30	21	’	’	PART
ajfa-4160	30	22	interest	interest	NOUN
ajfa-4160	30	23	,	,	PUNCT
ajfa-4160	30	24	to	to	PART
ajfa-4160	30	25	hire	hire	VERB
ajfa-4160	30	26	appraisers	appraiser	NOUN
ajfa-4160	30	27	with	with	ADP
ajfa-4160	30	28	optimistically	optimistically	ADV
ajfa-4160	30	29	high	high	ADJ
ajfa-4160	30	30	valuations	valuation	NOUN
ajfa-4160	30	31	of	of	ADP
ajfa-4160	30	32	the	the	DET
ajfa-4160	30	33	warrants	warrant	NOUN
ajfa-4160	30	34	.	.	PUNCT
ajfa-4160	31	1	on	on	ADP
ajfa-4160	31	2	the	the	DET
ajfa-4160	31	3	other	other	ADJ
ajfa-4160	31	4	hand	hand	NOUN
ajfa-4160	31	5	,	,	PUNCT
ajfa-4160	31	6	it	it	PRON
ajfa-4160	31	7	encourages	encourage	VERB
ajfa-4160	31	8	banks	bank	NOUN
ajfa-4160	31	9	to	to	PART
ajfa-4160	31	10	hire	hire	VERB
ajfa-4160	31	11	appraisal	appraisal	NOUN
ajfa-4160	31	12	firms	firm	NOUN
ajfa-4160	31	13	with	with	ADP
ajfa-4160	31	14	extremely	extremely	ADV
ajfa-4160	31	15	low	low	ADJ
ajfa-4160	31	16	valuations	valuation	NOUN
ajfa-4160	31	17	of	of	ADP
ajfa-4160	31	18	the	the	DET
ajfa-4160	31	19	warrants	warrant	NOUN
ajfa-4160	31	20	.	.	PUNCT
ajfa-4160	32	1	this	this	DET
ajfa-4160	32	2	flawed	flawed	ADJ
ajfa-4160	32	3	resolution	resolution	NOUN
ajfa-4160	32	4	procedure	procedure	NOUN
ajfa-4160	32	5	makes	make	VERB
ajfa-4160	32	6	the	the	DET
ajfa-4160	32	7	appraisal	appraisal	NOUN
ajfa-4160	32	8	process	process	NOUN
ajfa-4160	32	9	less	less	ADV
ajfa-4160	32	10	informative	informative	ADJ
ajfa-4160	32	11	than	than	ADP
ajfa-4160	32	12	a	a	DET
ajfa-4160	32	13	well	well	ADV
ajfa-4160	32	14	designed	design	VERB
ajfa-4160	32	15	mechanism	mechanism	NOUN
ajfa-4160	32	16	could	could	AUX
ajfa-4160	32	17	have	have	AUX
ajfa-4160	32	18	produced	produce	VERB
ajfa-4160	32	19	.	.	PUNCT
ajfa-4160	33	1	4	4	NUM
ajfa-4160	33	2	press	press	NOUN
ajfa-4160	33	3	release	release	NOUN
ajfa-4160	33	4	,	,	PUNCT
ajfa-4160	33	5	may	may	AUX
ajfa-4160	33	6	11	11	NUM
ajfa-4160	33	7	,	,	PUNCT
ajfa-4160	33	8	2009	2009	NUM
ajfa-4160	33	9	,	,	PUNCT
ajfa-4160	33	10	“	"	PUNCT
ajfa-4160	33	11	old	old	ADJ
ajfa-4160	33	12	national	national	PROPN
ajfa-4160	33	13	bancorp	bancorp	PROPN
ajfa-4160	33	14	repurchases	repurchase	NOUN
ajfa-4160	33	15	warrant	warrant	VERB
ajfa-4160	33	16	from	from	ADP
ajfa-4160	33	17	u.s	u.s	PROPN
ajfa-4160	33	18	.	.	PROPN
ajfa-4160	33	19	treasury	treasury	PROPN
ajfa-4160	33	20	,	,	PUNCT
ajfa-4160	33	21	”	"	PUNCT
ajfa-4160	33	22	accessed	access	VERB
ajfa-4160	33	23	online	online	ADV
ajfa-4160	33	24	on	on	ADP
ajfa-4160	33	25	may	may	PROPN
ajfa-4160	33	26	11	11	NUM
ajfa-4160	33	27	,	,	PUNCT
ajfa-4160	33	28	2009	2009	NUM
ajfa-4160	33	29	at	at	ADP
ajfa-4160	33	30	http://www.snl.com/irweblinkx/file.aspx?iid=100391&fid=7780588	http://www.snl.com/irweblinkx/file.aspx?iid=100391&fid=7780588	NUM
ajfa-4160	33	31	asian	asian	PROPN
ajfa-4160	33	32	journal	journal	NOUN
ajfa-4160	33	33	of	of	ADP
ajfa-4160	33	34	finance	finance	PROPN
ajfa-4160	33	35	&	&	CCONJ
ajfa-4160	33	36	accounting	accounting	PROPN
ajfa-4160	33	37	issn	issn	PROPN
ajfa-4160	33	38	1946	1946	NUM
ajfa-4160	33	39	-	-	PUNCT
ajfa-4160	33	40	052x	052x	PROPN
ajfa-4160	33	41	2014	2014	NUM
ajfa-4160	33	42	,	,	PUNCT
ajfa-4160	33	43	vol	vol	NOUN
ajfa-4160	33	44	.	.	PROPN
ajfa-4160	33	45	6	6	NUM
ajfa-4160	33	46	,	,	PUNCT
ajfa-4160	33	47	no	no	INTJ
ajfa-4160	33	48	.	.	NOUN
ajfa-4160	33	49	2	2	NUM
ajfa-4160	33	50	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4160	33	51	345	345	NUM
ajfa-4160	33	52	(	(	PUNCT
ajfa-4160	33	53	qeo	qeo	NOUN
ajfa-4160	33	54	)	)	PUNCT
ajfa-4160	33	55	on	on	ADP
ajfa-4160	33	56	or	or	CCONJ
ajfa-4160	33	57	before	before	ADP
ajfa-4160	33	58	december	december	PROPN
ajfa-4160	33	59	31	31	NUM
ajfa-4160	33	60	,	,	PUNCT
ajfa-4160	33	61	2009.5	2009.5	NUM
ajfa-4160	33	62	they	they	PRON
ajfa-4160	33	63	also	also	ADV
ajfa-4160	33	64	depend	depend	VERB
ajfa-4160	33	65	on	on	ADP
ajfa-4160	33	66	estimates	estimate	NOUN
ajfa-4160	33	67	of	of	ADP
ajfa-4160	33	68	the	the	DET
ajfa-4160	33	69	dividend	dividend	NOUN
ajfa-4160	33	70	yield	yield	NOUN
ajfa-4160	33	71	and	and	CCONJ
ajfa-4160	33	72	the	the	DET
ajfa-4160	33	73	volatility	volatility	NOUN
ajfa-4160	33	74	of	of	ADP
ajfa-4160	33	75	onb	onb	ADJ
ajfa-4160	33	76	’s	’s	PART
ajfa-4160	33	77	stock	stock	NOUN
ajfa-4160	33	78	price	price	NOUN
ajfa-4160	33	79	over	over	ADP
ajfa-4160	33	80	the	the	DET
ajfa-4160	33	81	next	next	ADJ
ajfa-4160	33	82	9.6	9.6	NUM
ajfa-4160	33	83	years	year	NOUN
ajfa-4160	33	84	.	.	PUNCT
ajfa-4160	34	1	2	2	X
ajfa-4160	34	2	.	.	X
ajfa-4160	34	3	data	datum	NOUN
ajfa-4160	34	4	and	and	CCONJ
ajfa-4160	34	5	inputs	input	NOUN
ajfa-4160	34	6	the	the	DET
ajfa-4160	34	7	valuation	valuation	NOUN
ajfa-4160	34	8	was	be	AUX
ajfa-4160	34	9	conducted	conduct	VERB
ajfa-4160	34	10	based	base	VERB
ajfa-4160	34	11	on	on	ADP
ajfa-4160	34	12	the	the	DET
ajfa-4160	34	13	closing	closing	NOUN
ajfa-4160	34	14	share	share	NOUN
ajfa-4160	34	15	price	price	NOUN
ajfa-4160	34	16	and	and	CCONJ
ajfa-4160	34	17	the	the	DET
ajfa-4160	34	18	last	last	ADJ
ajfa-4160	34	19	option	option	NOUN
ajfa-4160	34	20	trade	trade	NOUN
ajfa-4160	34	21	on	on	ADP
ajfa-4160	34	22	may	may	PROPN
ajfa-4160	34	23	8	8	NUM
ajfa-4160	34	24	,	,	PUNCT
ajfa-4160	34	25	2009	2009	NUM
ajfa-4160	34	26	.	.	PUNCT
ajfa-4160	35	1	friday	friday	PROPN
ajfa-4160	35	2	,	,	PUNCT
ajfa-4160	35	3	may	may	AUX
ajfa-4160	35	4	8	8	NUM
ajfa-4160	35	5	,	,	PUNCT
ajfa-4160	35	6	2009	2009	NUM
ajfa-4160	35	7	,	,	PUNCT
ajfa-4160	35	8	was	be	AUX
ajfa-4160	35	9	the	the	DET
ajfa-4160	35	10	last	last	ADJ
ajfa-4160	35	11	trading	trading	NOUN
ajfa-4160	35	12	day	day	NOUN
ajfa-4160	35	13	before	before	SCONJ
ajfa-4160	35	14	the	the	DET
ajfa-4160	35	15	agreement	agreement	NOUN
ajfa-4160	35	16	was	be	AUX
ajfa-4160	35	17	announced	announce	VERB
ajfa-4160	35	18	by	by	ADP
ajfa-4160	35	19	onb	onb	ADJ
ajfa-4160	35	20	on	on	ADP
ajfa-4160	35	21	monday	monday	PROPN
ajfa-4160	35	22	,	,	PUNCT
ajfa-4160	35	23	may	may	AUX
ajfa-4160	35	24	11	11	NUM
ajfa-4160	35	25	,	,	PUNCT
ajfa-4160	35	26	2009	2009	NUM
ajfa-4160	35	27	,	,	PUNCT
ajfa-4160	35	28	in	in	ADP
ajfa-4160	35	29	an	an	DET
ajfa-4160	35	30	8	8	NUM
ajfa-4160	35	31	-	-	PUNCT
ajfa-4160	35	32	k	k	NOUN
ajfa-4160	35	33	filing	filing	NOUN
ajfa-4160	35	34	,	,	PUNCT
ajfa-4160	35	35	and	and	CCONJ
ajfa-4160	35	36	a	a	DET
ajfa-4160	35	37	press	press	NOUN
ajfa-4160	35	38	release	release	NOUN
ajfa-4160	35	39	on	on	ADP
ajfa-4160	35	40	its	its	PRON
ajfa-4160	35	41	website	website	NOUN
ajfa-4160	35	42	.	.	PUNCT
ajfa-4160	36	1	with	with	ADP
ajfa-4160	36	2	the	the	DET
ajfa-4160	36	3	exception	exception	NOUN
ajfa-4160	36	4	of	of	ADP
ajfa-4160	36	5	the	the	DET
ajfa-4160	36	6	option	option	NOUN
ajfa-4160	36	7	price	price	NOUN
ajfa-4160	36	8	data	datum	NOUN
ajfa-4160	36	9	on	on	ADP
ajfa-4160	36	10	may	may	PROPN
ajfa-4160	36	11	8	8	NUM
ajfa-4160	36	12	,	,	PUNCT
ajfa-4160	36	13	2009	2009	NUM
ajfa-4160	36	14	,	,	PUNCT
ajfa-4160	36	15	which	which	PRON
ajfa-4160	36	16	was	be	AUX
ajfa-4160	36	17	taken	take	VERB
ajfa-4160	36	18	from	from	ADP
ajfa-4160	36	19	www.prophet.net	www.prophet.net	NOUN
ajfa-4160	36	20	,	,	PUNCT
ajfa-4160	36	21	all	all	DET
ajfa-4160	36	22	data	datum	NOUN
ajfa-4160	36	23	was	be	AUX
ajfa-4160	36	24	obtained	obtain	VERB
ajfa-4160	36	25	from	from	ADP
ajfa-4160	36	26	yahoo	yahoo	PROPN
ajfa-4160	36	27	!	!	PUNCT
ajfa-4160	36	28	finance	finance	PROPN
ajfa-4160	36	29	.	.	PUNCT
ajfa-4160	37	1	dividend	dividend	NOUN
ajfa-4160	37	2	yield	yield	NOUN
ajfa-4160	37	3	was	be	AUX
ajfa-4160	37	4	estimated	estimate	VERB
ajfa-4160	37	5	by	by	ADP
ajfa-4160	37	6	finding	find	VERB
ajfa-4160	37	7	the	the	DET
ajfa-4160	37	8	average	average	ADJ
ajfa-4160	37	9	dividend	dividend	NOUN
ajfa-4160	37	10	yield	yield	NOUN
ajfa-4160	37	11	from	from	ADP
ajfa-4160	37	12	january	january	PROPN
ajfa-4160	37	13	1	1	NUM
ajfa-4160	37	14	,	,	PUNCT
ajfa-4160	37	15	2002	2002	NUM
ajfa-4160	37	16	,	,	PUNCT
ajfa-4160	37	17	to	to	PART
ajfa-4160	37	18	may	may	PROPN
ajfa-4160	37	19	8	8	NUM
ajfa-4160	37	20	,	,	PUNCT
ajfa-4160	37	21	2009	2009	NUM
ajfa-4160	37	22	.	.	PUNCT
ajfa-4160	38	1	the	the	DET
ajfa-4160	38	2	dividend	dividend	NOUN
ajfa-4160	38	3	paid	pay	VERB
ajfa-4160	38	4	was	be	AUX
ajfa-4160	38	5	divided	divide	VERB
ajfa-4160	38	6	by	by	ADP
ajfa-4160	38	7	the	the	DET
ajfa-4160	38	8	ex	ex	PROPN
ajfa-4160	38	9	dividend	dividend	PROPN
ajfa-4160	38	10	day	day	PROPN
ajfa-4160	38	11	’s	’s	PART
ajfa-4160	38	12	closing	close	VERB
ajfa-4160	38	13	stock	stock	NOUN
ajfa-4160	38	14	price	price	NOUN
ajfa-4160	38	15	.	.	PUNCT
ajfa-4160	39	1	this	this	DET
ajfa-4160	39	2	dividend	dividend	NOUN
ajfa-4160	39	3	yield	yield	NOUN
ajfa-4160	39	4	was	be	AUX
ajfa-4160	39	5	compounded	compound	VERB
ajfa-4160	39	6	so	so	SCONJ
ajfa-4160	39	7	that	that	SCONJ
ajfa-4160	39	8	the	the	DET
ajfa-4160	39	9	yield	yield	NOUN
ajfa-4160	39	10	was	be	AUX
ajfa-4160	39	11	annualized	annualize	VERB
ajfa-4160	39	12	.	.	PUNCT
ajfa-4160	40	1	then	then	ADV
ajfa-4160	40	2	the	the	DET
ajfa-4160	40	3	annualized	annualize	VERB
ajfa-4160	40	4	yield	yield	NOUN
ajfa-4160	40	5	was	be	AUX
ajfa-4160	40	6	converted	convert	VERB
ajfa-4160	40	7	into	into	ADP
ajfa-4160	40	8	a	a	DET
ajfa-4160	40	9	continuously	continuously	ADV
ajfa-4160	40	10	compounding	compounding	NOUN
ajfa-4160	40	11	yield	yield	NOUN
ajfa-4160	40	12	so	so	SCONJ
ajfa-4160	40	13	that	that	SCONJ
ajfa-4160	40	14	it	it	PRON
ajfa-4160	40	15	would	would	AUX
ajfa-4160	40	16	be	be	AUX
ajfa-4160	40	17	compatible	compatible	ADJ
ajfa-4160	40	18	with	with	ADP
ajfa-4160	40	19	the	the	DET
ajfa-4160	40	20	continuous	continuous	ADJ
ajfa-4160	40	21	time	time	NOUN
ajfa-4160	40	22	models	model	NOUN
ajfa-4160	40	23	of	of	ADP
ajfa-4160	40	24	merton	merton	NOUN
ajfa-4160	40	25	(	(	PUNCT
ajfa-4160	40	26	1973	1973	NUM
ajfa-4160	40	27	)	)	PUNCT
ajfa-4160	40	28	and	and	CCONJ
ajfa-4160	40	29	black	black	ADJ
ajfa-4160	40	30	and	and	CCONJ
ajfa-4160	40	31	scholes	schole	NOUN
ajfa-4160	40	32	(	(	PUNCT
ajfa-4160	40	33	1973	1973	NUM
ajfa-4160	40	34	)	)	PUNCT
ajfa-4160	40	35	.	.	PUNCT
ajfa-4160	41	1	over	over	ADP
ajfa-4160	41	2	this	this	DET
ajfa-4160	41	3	period	period	NOUN
ajfa-4160	41	4	the	the	DET
ajfa-4160	41	5	continuously	continuously	ADV
ajfa-4160	41	6	compounding	compound	VERB
ajfa-4160	41	7	yield	yield	NOUN
ajfa-4160	41	8	was	be	AUX
ajfa-4160	41	9	3.93	3.93	NUM
ajfa-4160	41	10	percent	percent	NOUN
ajfa-4160	41	11	.	.	PUNCT
ajfa-4160	42	1	this	this	PRON
ajfa-4160	42	2	was	be	AUX
ajfa-4160	42	3	used	use	VERB
ajfa-4160	42	4	as	as	ADP
ajfa-4160	42	5	the	the	DET
ajfa-4160	42	6	middle	middle	ADJ
ajfa-4160	42	7	estimate	estimate	NOUN
ajfa-4160	42	8	for	for	ADP
ajfa-4160	42	9	dividend	dividend	NOUN
ajfa-4160	42	10	yield	yield	NOUN
ajfa-4160	42	11	.	.	PUNCT
ajfa-4160	43	1	the	the	DET
ajfa-4160	43	2	high	high	ADJ
ajfa-4160	43	3	estimate	estimate	NOUN
ajfa-4160	43	4	of	of	ADP
ajfa-4160	43	5	dividend	dividend	NOUN
ajfa-4160	43	6	yield	yield	NOUN
ajfa-4160	43	7	was	be	AUX
ajfa-4160	43	8	1.5	1.5	NUM
ajfa-4160	43	9	times	time	NOUN
ajfa-4160	43	10	the	the	DET
ajfa-4160	43	11	average	average	ADJ
ajfa-4160	43	12	continuously	continuously	ADV
ajfa-4160	43	13	compounded	compound	VERB
ajfa-4160	43	14	dividend	dividend	NOUN
ajfa-4160	43	15	yield	yield	NOUN
ajfa-4160	43	16	,	,	PUNCT
ajfa-4160	43	17	or	or	CCONJ
ajfa-4160	43	18	5.89	5.89	NUM
ajfa-4160	43	19	percent	percent	NOUN
ajfa-4160	43	20	.	.	PUNCT
ajfa-4160	44	1	the	the	DET
ajfa-4160	44	2	lowest	low	ADJ
ajfa-4160	44	3	estimate	estimate	NOUN
ajfa-4160	44	4	of	of	ADP
ajfa-4160	44	5	dividend	dividend	NOUN
ajfa-4160	44	6	yield	yield	NOUN
ajfa-4160	44	7	was	be	AUX
ajfa-4160	44	8	the	the	DET
ajfa-4160	44	9	dividend	dividend	NOUN
ajfa-4160	44	10	yield	yield	NOUN
ajfa-4160	44	11	based	base	VERB
ajfa-4160	44	12	on	on	ADP
ajfa-4160	44	13	the	the	DET
ajfa-4160	44	14	announced	announce	VERB
ajfa-4160	44	15	forward	forward	ADJ
ajfa-4160	44	16	dividend	dividend	NOUN
ajfa-4160	44	17	of	of	ADP
ajfa-4160	44	18	$	$	SYM
ajfa-4160	44	19	0.07	0.07	NUM
ajfa-4160	44	20	per	per	ADP
ajfa-4160	44	21	share	share	NOUN
ajfa-4160	44	22	divided	divide	VERB
ajfa-4160	44	23	by	by	ADP
ajfa-4160	44	24	the	the	DET
ajfa-4160	44	25	closing	closing	NOUN
ajfa-4160	44	26	share	share	NOUN
ajfa-4160	44	27	price	price	NOUN
ajfa-4160	44	28	of	of	ADP
ajfa-4160	44	29	$	$	SYM
ajfa-4160	44	30	14.70	14.70	NUM
ajfa-4160	44	31	on	on	ADP
ajfa-4160	44	32	may	may	PROPN
ajfa-4160	44	33	8	8	NUM
ajfa-4160	44	34	,	,	PUNCT
ajfa-4160	44	35	2009	2009	NUM
ajfa-4160	44	36	.	.	PUNCT
ajfa-4160	45	1	onb	onb	ADJ
ajfa-4160	45	2	recently	recently	ADV
ajfa-4160	45	3	cut	cut	VERB
ajfa-4160	45	4	its	its	PRON
ajfa-4160	45	5	dividend	dividend	NOUN
ajfa-4160	45	6	from	from	ADP
ajfa-4160	45	7	$	$	SYM
ajfa-4160	45	8	0.23	0.23	NUM
ajfa-4160	45	9	per	per	ADP
ajfa-4160	45	10	share	share	NOUN
ajfa-4160	45	11	to	to	ADP
ajfa-4160	45	12	$	$	SYM
ajfa-4160	45	13	0.07	0.07	NUM
ajfa-4160	45	14	cents	cent	NOUN
ajfa-4160	45	15	pre	pre	X
ajfa-4160	45	16	share	share	NOUN
ajfa-4160	45	17	.	.	PUNCT
ajfa-4160	46	1	since	since	SCONJ
ajfa-4160	46	2	dividends	dividend	NOUN
ajfa-4160	46	3	reduce	reduce	VERB
ajfa-4160	46	4	the	the	DET
ajfa-4160	46	5	value	value	NOUN
ajfa-4160	46	6	of	of	ADP
ajfa-4160	46	7	call	call	NOUN
ajfa-4160	46	8	options	option	NOUN
ajfa-4160	46	9	and	and	CCONJ
ajfa-4160	46	10	warrants	warrant	NOUN
ajfa-4160	46	11	,	,	PUNCT
ajfa-4160	46	12	the	the	DET
ajfa-4160	46	13	low	low	ADJ
ajfa-4160	46	14	-	-	PUNCT
ajfa-4160	46	15	end	end	NOUN
ajfa-4160	46	16	valuation	valuation	NOUN
ajfa-4160	46	17	used	use	VERB
ajfa-4160	46	18	the	the	DET
ajfa-4160	46	19	highest	high	ADJ
ajfa-4160	46	20	dividend	dividend	NOUN
ajfa-4160	46	21	yield	yield	NOUN
ajfa-4160	46	22	,	,	PUNCT
ajfa-4160	46	23	and	and	CCONJ
ajfa-4160	46	24	the	the	DET
ajfa-4160	46	25	high	high	ADJ
ajfa-4160	46	26	-	-	PUNCT
ajfa-4160	46	27	end	end	NOUN
ajfa-4160	46	28	valuation	valuation	NOUN
ajfa-4160	46	29	used	use	VERB
ajfa-4160	46	30	the	the	DET
ajfa-4160	46	31	lowest	low	ADJ
ajfa-4160	46	32	dividend	dividend	NOUN
ajfa-4160	46	33	yield	yield	NOUN
ajfa-4160	46	34	.	.	PUNCT
ajfa-4160	47	1	the	the	DET
ajfa-4160	47	2	middle	middle	ADJ
ajfa-4160	47	3	estimate	estimate	NOUN
ajfa-4160	47	4	of	of	ADP
ajfa-4160	47	5	volatility	volatility	NOUN
ajfa-4160	47	6	is	be	AUX
ajfa-4160	47	7	based	base	VERB
ajfa-4160	47	8	on	on	ADP
ajfa-4160	47	9	the	the	DET
ajfa-4160	47	10	black	black	ADJ
ajfa-4160	47	11	and	and	CCONJ
ajfa-4160	47	12	scholes	schole	NOUN
ajfa-4160	47	13	(	(	PUNCT
ajfa-4160	47	14	1973	1973	NUM
ajfa-4160	47	15	)	)	PUNCT
ajfa-4160	47	16	implied	imply	VERB
ajfa-4160	47	17	volatility	volatility	NOUN
ajfa-4160	47	18	of	of	ADP
ajfa-4160	47	19	the	the	DET
ajfa-4160	47	20	closing	closing	NOUN
ajfa-4160	47	21	price	price	NOUN
ajfa-4160	47	22	of	of	ADP
ajfa-4160	47	23	the	the	DET
ajfa-4160	47	24	$	$	SYM
ajfa-4160	47	25	17.50	17.50	NUM
ajfa-4160	47	26	call	call	NOUN
ajfa-4160	47	27	option	option	NOUN
ajfa-4160	47	28	that	that	PRON
ajfa-4160	47	29	expires	expire	VERB
ajfa-4160	47	30	on	on	ADP
ajfa-4160	47	31	june	june	PROPN
ajfa-4160	47	32	19	19	NUM
ajfa-4160	47	33	,	,	PUNCT
ajfa-4160	47	34	2009	2009	NUM
ajfa-4160	47	35	.	.	PUNCT
ajfa-4160	48	1	two	two	NUM
ajfa-4160	48	2	hundred	hundred	NUM
ajfa-4160	48	3	and	and	CCONJ
ajfa-4160	48	4	fifty	fifty	NUM
ajfa-4160	48	5	contracts	contract	NOUN
ajfa-4160	48	6	were	be	AUX
ajfa-4160	48	7	traded	trade	VERB
ajfa-4160	48	8	on	on	ADP
ajfa-4160	48	9	may	may	PROPN
ajfa-4160	48	10	8	8	NUM
ajfa-4160	48	11	,	,	PUNCT
ajfa-4160	48	12	2009	2009	NUM
ajfa-4160	48	13	.	.	PUNCT
ajfa-4160	49	1	the	the	DET
ajfa-4160	49	2	closing	close	VERB
ajfa-4160	49	3	call	call	NOUN
ajfa-4160	49	4	option	option	NOUN
ajfa-4160	49	5	price	price	NOUN
ajfa-4160	49	6	was	be	AUX
ajfa-4160	49	7	$	$	SYM
ajfa-4160	49	8	0.35	0.35	NUM
ajfa-4160	49	9	,	,	PUNCT
ajfa-4160	49	10	and	and	CCONJ
ajfa-4160	49	11	the	the	DET
ajfa-4160	49	12	closing	close	VERB
ajfa-4160	49	13	stock	stock	NOUN
ajfa-4160	49	14	price	price	NOUN
ajfa-4160	49	15	was	be	AUX
ajfa-4160	49	16	$	$	SYM
ajfa-4160	49	17	14.70	14.70	NUM
ajfa-4160	49	18	.	.	PUNCT
ajfa-4160	50	1	the	the	DET
ajfa-4160	50	2	implied	imply	VERB
ajfa-4160	50	3	volatility	volatility	NOUN
ajfa-4160	50	4	was	be	AUX
ajfa-4160	50	5	estimated	estimate	VERB
ajfa-4160	50	6	at	at	ADP
ajfa-4160	50	7	59.72	59.72	NUM
ajfa-4160	50	8	percent	percent	NOUN
ajfa-4160	50	9	.	.	PUNCT
ajfa-4160	51	1	the	the	DET
ajfa-4160	51	2	three	three	NUM
ajfa-4160	51	3	month	month	NOUN
ajfa-4160	51	4	t	t	PROPN
ajfa-4160	51	5	-	-	PUNCT
ajfa-4160	51	6	bill	bill	NOUN
ajfa-4160	51	7	rate	rate	NOUN
ajfa-4160	51	8	of	of	ADP
ajfa-4160	51	9	0.15	0.15	NUM
ajfa-4160	51	10	percent	percent	NOUN
ajfa-4160	51	11	was	be	AUX
ajfa-4160	51	12	used	use	VERB
ajfa-4160	51	13	as	as	ADP
ajfa-4160	51	14	the	the	DET
ajfa-4160	51	15	risk	risk	NOUN
ajfa-4160	51	16	-	-	PUNCT
ajfa-4160	51	17	free	free	ADJ
ajfa-4160	51	18	rate	rate	NOUN
ajfa-4160	51	19	in	in	ADP
ajfa-4160	51	20	the	the	DET
ajfa-4160	51	21	implied	imply	VERB
ajfa-4160	51	22	volatility	volatility	NOUN
ajfa-4160	51	23	calculation	calculation	NOUN
ajfa-4160	51	24	.	.	PUNCT
ajfa-4160	52	1	the	the	DET
ajfa-4160	52	2	low	low	ADJ
ajfa-4160	52	3	and	and	CCONJ
ajfa-4160	52	4	high	high	ADJ
ajfa-4160	52	5	estimates	estimate	NOUN
ajfa-4160	52	6	of	of	ADP
ajfa-4160	52	7	volatility	volatility	NOUN
ajfa-4160	52	8	were	be	AUX
ajfa-4160	52	9	obtained	obtain	VERB
ajfa-4160	52	10	by	by	ADP
ajfa-4160	52	11	using	use	VERB
ajfa-4160	52	12	the	the	DET
ajfa-4160	52	13	procedure	procedure	NOUN
ajfa-4160	52	14	of	of	ADP
ajfa-4160	52	15	hull	hull	NOUN
ajfa-4160	52	16	(	(	PUNCT
ajfa-4160	52	17	2003	2003	NUM
ajfa-4160	52	18	,	,	PUNCT
ajfa-4160	52	19	pp	pp	ADJ
ajfa-4160	52	20	.	.	PUNCT
ajfa-4160	53	1	238	238	NUM
ajfa-4160	53	2	-	-	SYM
ajfa-4160	53	3	241	241	NUM
ajfa-4160	53	4	)	)	PUNCT
ajfa-4160	53	5	after	after	ADP
ajfa-4160	53	6	adjusting	adjust	VERB
ajfa-4160	53	7	the	the	DET
ajfa-4160	53	8	stock	stock	NOUN
ajfa-4160	53	9	price	price	NOUN
ajfa-4160	53	10	for	for	ADP
ajfa-4160	53	11	several	several	ADJ
ajfa-4160	53	12	stock	stock	NOUN
ajfa-4160	53	13	dividends	dividend	NOUN
ajfa-4160	53	14	.	.	PUNCT
ajfa-4160	54	1	stock	stock	NOUN
ajfa-4160	54	2	dividends	dividend	NOUN
ajfa-4160	54	3	increase	increase	VERB
ajfa-4160	54	4	the	the	DET
ajfa-4160	54	5	number	number	NOUN
ajfa-4160	54	6	of	of	ADP
ajfa-4160	54	7	shares	share	NOUN
ajfa-4160	54	8	outstanding	outstanding	ADJ
ajfa-4160	54	9	.	.	PUNCT
ajfa-4160	55	1	thus	thus	ADV
ajfa-4160	55	2	,	,	PUNCT
ajfa-4160	55	3	the	the	DET
ajfa-4160	55	4	stock	stock	NOUN
ajfa-4160	55	5	price	price	NOUN
ajfa-4160	55	6	should	should	AUX
ajfa-4160	55	7	fall	fall	VERB
ajfa-4160	55	8	on	on	ADP
ajfa-4160	55	9	the	the	DET
ajfa-4160	55	10	day	day	NOUN
ajfa-4160	55	11	of	of	ADP
ajfa-4160	55	12	the	the	DET
ajfa-4160	55	13	stock	stock	NOUN
ajfa-4160	55	14	dividend	dividend	NOUN
ajfa-4160	55	15	.	.	PUNCT
ajfa-4160	56	1	the	the	DET
ajfa-4160	56	2	adjustment	adjustment	NOUN
ajfa-4160	56	3	,	,	PUNCT
ajfa-4160	56	4	in	in	ADP
ajfa-4160	56	5	theory	theory	NOUN
ajfa-4160	56	6	,	,	PUNCT
ajfa-4160	56	7	should	should	AUX
ajfa-4160	56	8	have	have	AUX
ajfa-4160	56	9	reduced	reduce	VERB
ajfa-4160	56	10	the	the	DET
ajfa-4160	56	11	historic	historic	ADJ
ajfa-4160	56	12	volatility	volatility	NOUN
ajfa-4160	56	13	of	of	ADP
ajfa-4160	56	14	the	the	DET
ajfa-4160	56	15	stock	stock	NOUN
ajfa-4160	56	16	and	and	CCONJ
ajfa-4160	56	17	more	more	ADV
ajfa-4160	56	18	accurately	accurately	ADV
ajfa-4160	56	19	reflects	reflect	VERB
ajfa-4160	56	20	the	the	DET
ajfa-4160	56	21	volatility	volatility	NOUN
ajfa-4160	56	22	of	of	ADP
ajfa-4160	56	23	the	the	DET
ajfa-4160	56	24	stock	stock	NOUN
ajfa-4160	56	25	’s	’s	PART
ajfa-4160	56	26	returns	return	NOUN
ajfa-4160	56	27	.	.	PUNCT
ajfa-4160	57	1	the	the	DET
ajfa-4160	57	2	low	low	ADJ
ajfa-4160	57	3	-	-	PUNCT
ajfa-4160	57	4	end	end	NOUN
ajfa-4160	57	5	estimate	estimate	NOUN
ajfa-4160	57	6	of	of	ADP
ajfa-4160	57	7	volatility	volatility	NOUN
ajfa-4160	57	8	was	be	AUX
ajfa-4160	57	9	37.10	37.10	NUM
ajfa-4160	57	10	percent	percent	NOUN
ajfa-4160	57	11	.	.	PUNCT
ajfa-4160	58	1	it	it	PRON
ajfa-4160	58	2	was	be	AUX
ajfa-4160	58	3	derived	derive	VERB
ajfa-4160	58	4	from	from	ADP
ajfa-4160	58	5	daily	daily	ADJ
ajfa-4160	58	6	closing	closing	NOUN
ajfa-4160	58	7	stock	stock	NOUN
ajfa-4160	58	8	prices	price	NOUN
ajfa-4160	58	9	and	and	CCONJ
ajfa-4160	58	10	quarterly	quarterly	ADJ
ajfa-4160	58	11	dividends	dividend	NOUN
ajfa-4160	58	12	paid	pay	VERB
ajfa-4160	58	13	from	from	ADP
ajfa-4160	58	14	january	january	PROPN
ajfa-4160	58	15	1	1	NUM
ajfa-4160	58	16	,	,	PUNCT
ajfa-4160	58	17	2002	2002	NUM
ajfa-4160	58	18	,	,	PUNCT
ajfa-4160	58	19	to	to	PART
ajfa-4160	58	20	may	may	PROPN
ajfa-4160	58	21	8	8	NUM
ajfa-4160	58	22	,	,	PUNCT
ajfa-4160	58	23	2009	2009	NUM
ajfa-4160	58	24	.	.	PUNCT
ajfa-4160	59	1	the	the	DET
ajfa-4160	59	2	standard	standard	ADJ
ajfa-4160	59	3	deviation	deviation	NOUN
ajfa-4160	59	4	of	of	ADP
ajfa-4160	59	5	the	the	DET
ajfa-4160	59	6	lower	low	ADJ
ajfa-4160	59	7	estimate	estimate	NOUN
ajfa-4160	59	8	is	be	AUX
ajfa-4160	59	9	0.61	0.61	NUM
ajfa-4160	59	10	percent	percent	NOUN
ajfa-4160	59	11	.	.	PUNCT
ajfa-4160	60	1	the	the	DET
ajfa-4160	60	2	high	high	ADJ
ajfa-4160	60	3	-	-	PUNCT
ajfa-4160	60	4	end	end	NOUN
ajfa-4160	60	5	estimate	estimate	NOUN
ajfa-4160	60	6	was	be	AUX
ajfa-4160	60	7	72.89	72.89	NUM
ajfa-4160	60	8	percent	percent	NOUN
ajfa-4160	60	9	.	.	PUNCT
ajfa-4160	61	1	it	it	PRON
ajfa-4160	61	2	5	5	NUM
ajfa-4160	61	3	a	a	DET
ajfa-4160	61	4	qualified	qualified	ADJ
ajfa-4160	61	5	equity	equity	NOUN
ajfa-4160	61	6	offering	offering	NOUN
ajfa-4160	61	7	according	accord	VERB
ajfa-4160	61	8	to	to	ADP
ajfa-4160	61	9	the	the	DET
ajfa-4160	61	10	cpp	cpp	ADJ
ajfa-4160	61	11	term	term	NOUN
ajfa-4160	61	12	sheet	sheet	NOUN
ajfa-4160	61	13	page	page	NOUN
ajfa-4160	61	14	2	2	NUM
ajfa-4160	61	15	“	"	PUNCT
ajfa-4160	61	16	’	'	PUNCT
ajfa-4160	61	17	qualified	qualified	ADJ
ajfa-4160	61	18	equity	equity	NOUN
ajfa-4160	61	19	offering	offering	NOUN
ajfa-4160	61	20	’	'	PUNCT
ajfa-4160	61	21	shall	shall	AUX
ajfa-4160	61	22	mean	mean	VERB
ajfa-4160	61	23	the	the	DET
ajfa-4160	61	24	sale	sale	NOUN
ajfa-4160	61	25	by	by	ADP
ajfa-4160	61	26	the	the	DET
ajfa-4160	61	27	qfi	qfi	NOUN
ajfa-4160	62	1	[	[	X
ajfa-4160	62	2	qualified	qualified	ADJ
ajfa-4160	62	3	financial	financial	ADJ
ajfa-4160	62	4	institution	institution	NOUN
ajfa-4160	62	5	]	]	PUNCT
ajfa-4160	62	6	after	after	ADP
ajfa-4160	62	7	the	the	DET
ajfa-4160	62	8	date	date	NOUN
ajfa-4160	62	9	of	of	ADP
ajfa-4160	62	10	this	this	DET
ajfa-4160	62	11	investment	investment	NOUN
ajfa-4160	62	12	of	of	ADP
ajfa-4160	62	13	tier	tier	NOUN
ajfa-4160	62	14	1	1	NUM
ajfa-4160	62	15	qualifying	qualify	VERB
ajfa-4160	62	16	perpetual	perpetual	ADJ
ajfa-4160	62	17	preferred	preferred	ADJ
ajfa-4160	62	18	stock	stock	NOUN
ajfa-4160	62	19	or	or	CCONJ
ajfa-4160	62	20	common	common	ADJ
ajfa-4160	62	21	stock	stock	NOUN
ajfa-4160	62	22	for	for	ADP
ajfa-4160	62	23	cash	cash	NOUN
ajfa-4160	62	24	.	.	PUNCT
ajfa-4160	62	25	”	"	PUNCT
ajfa-4160	63	1	source	source	NOUN
ajfa-4160	63	2	:	:	PUNCT
ajfa-4160	63	3	u.s	u.s	PROPN
ajfa-4160	63	4	.	.	PROPN
ajfa-4160	63	5	treasury	treasury	PROPN
ajfa-4160	63	6	,	,	PUNCT
ajfa-4160	63	7	“	"	PUNCT
ajfa-4160	63	8	tarp	tarp	NOUN
ajfa-4160	63	9	capital	capital	NOUN
ajfa-4160	63	10	purchase	purchase	NOUN
ajfa-4160	63	11	program	program	NOUN
ajfa-4160	63	12	senior	senior	ADJ
ajfa-4160	63	13	preferred	preferred	ADJ
ajfa-4160	63	14	stock	stock	NOUN
ajfa-4160	63	15	and	and	CCONJ
ajfa-4160	63	16	warrant	warrant	NOUN
ajfa-4160	63	17	summary	summary	NOUN
ajfa-4160	63	18	of	of	ADP
ajfa-4160	63	19	senior	senior	ADJ
ajfa-4160	63	20	preferred	preferred	ADJ
ajfa-4160	63	21	terms	term	NOUN
ajfa-4160	63	22	”	"	PUNCT
ajfa-4160	63	23	at	at	ADP
ajfa-4160	63	24	http://www.financialstability.gov/docs/cpp/termsheet.pdf	http://www.financialstability.gov/docs/cpp/termsheet.pdf	PROPN
ajfa-4160	63	25	asian	asian	PROPN
ajfa-4160	63	26	journal	journal	PROPN
ajfa-4160	63	27	of	of	ADP
ajfa-4160	63	28	finance	finance	PROPN
ajfa-4160	63	29	&	&	CCONJ
ajfa-4160	63	30	accounting	accounting	PROPN
ajfa-4160	63	31	issn	issn	PROPN
ajfa-4160	63	32	1946	1946	NUM
ajfa-4160	63	33	-	-	PUNCT
ajfa-4160	63	34	052x	052x	PROPN
ajfa-4160	63	35	2014	2014	NUM
ajfa-4160	63	36	,	,	PUNCT
ajfa-4160	63	37	vol	vol	NOUN
ajfa-4160	63	38	.	.	PROPN
ajfa-4160	63	39	6	6	NUM
ajfa-4160	63	40	,	,	PUNCT
ajfa-4160	63	41	no	no	INTJ
ajfa-4160	63	42	.	.	NOUN
ajfa-4160	63	43	2	2	NUM
ajfa-4160	63	44	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4160	63	45	346	346	NUM
ajfa-4160	63	46	was	be	AUX
ajfa-4160	63	47	based	base	VERB
ajfa-4160	63	48	on	on	ADP
ajfa-4160	63	49	daily	daily	ADJ
ajfa-4160	63	50	closing	closing	NOUN
ajfa-4160	63	51	stock	stock	NOUN
ajfa-4160	63	52	prices	price	NOUN
ajfa-4160	63	53	and	and	CCONJ
ajfa-4160	63	54	quarterly	quarterly	ADJ
ajfa-4160	63	55	dividends	dividend	NOUN
ajfa-4160	63	56	from	from	ADP
ajfa-4160	63	57	january	january	PROPN
ajfa-4160	63	58	1	1	NUM
ajfa-4160	63	59	,	,	PUNCT
ajfa-4160	63	60	2008	2008	NUM
ajfa-4160	63	61	,	,	PUNCT
ajfa-4160	63	62	to	to	PART
ajfa-4160	63	63	may	may	PROPN
ajfa-4160	63	64	8	8	NUM
ajfa-4160	63	65	,	,	PUNCT
ajfa-4160	63	66	2009	2009	NUM
ajfa-4160	63	67	.	.	PUNCT
ajfa-4160	64	1	the	the	DET
ajfa-4160	64	2	standard	standard	ADJ
ajfa-4160	64	3	deviation	deviation	NOUN
ajfa-4160	64	4	of	of	ADP
ajfa-4160	64	5	this	this	DET
ajfa-4160	64	6	volatility	volatility	NOUN
ajfa-4160	64	7	estimate	estimate	NOUN
ajfa-4160	64	8	is	be	AUX
ajfa-4160	64	9	2.80	2.80	NUM
ajfa-4160	64	10	percent	percent	NOUN
ajfa-4160	64	11	.	.	PUNCT
ajfa-4160	65	1	2008	2008	NUM
ajfa-4160	65	2	and	and	CCONJ
ajfa-4160	65	3	2009	2009	NUM
ajfa-4160	65	4	have	have	AUX
ajfa-4160	65	5	been	be	AUX
ajfa-4160	65	6	unusually	unusually	ADV
ajfa-4160	65	7	volatile	volatile	ADJ
ajfa-4160	65	8	years	year	NOUN
ajfa-4160	65	9	for	for	ADP
ajfa-4160	65	10	the	the	DET
ajfa-4160	65	11	stock	stock	NOUN
ajfa-4160	65	12	market.6	market.6	PROPN
ajfa-4160	65	13	since	since	SCONJ
ajfa-4160	65	14	warrants	warrant	NOUN
ajfa-4160	65	15	are	be	AUX
ajfa-4160	65	16	more	more	ADV
ajfa-4160	65	17	valuable	valuable	ADJ
ajfa-4160	65	18	when	when	SCONJ
ajfa-4160	65	19	the	the	DET
ajfa-4160	65	20	volatility	volatility	NOUN
ajfa-4160	65	21	is	be	AUX
ajfa-4160	65	22	higher	high	ADJ
ajfa-4160	65	23	,	,	PUNCT
ajfa-4160	65	24	the	the	DET
ajfa-4160	65	25	low	low	ADJ
ajfa-4160	65	26	-	-	PUNCT
ajfa-4160	65	27	end	end	NOUN
ajfa-4160	65	28	valuation	valuation	NOUN
ajfa-4160	65	29	uses	use	VERB
ajfa-4160	65	30	the	the	DET
ajfa-4160	65	31	lowest	low	ADJ
ajfa-4160	65	32	volatility	volatility	NOUN
ajfa-4160	65	33	number	number	NOUN
ajfa-4160	65	34	,	,	PUNCT
ajfa-4160	65	35	and	and	CCONJ
ajfa-4160	65	36	the	the	DET
ajfa-4160	65	37	high	high	ADJ
ajfa-4160	65	38	-	-	PUNCT
ajfa-4160	65	39	end	end	NOUN
ajfa-4160	65	40	valuation	valuation	NOUN
ajfa-4160	65	41	uses	use	VERB
ajfa-4160	65	42	the	the	DET
ajfa-4160	65	43	highest	high	ADJ
ajfa-4160	65	44	valuation	valuation	NOUN
ajfa-4160	65	45	estimate	estimate	NOUN
ajfa-4160	65	46	.	.	PUNCT
ajfa-4160	66	1	thus	thus	ADV
ajfa-4160	66	2	,	,	PUNCT
ajfa-4160	66	3	37.10	37.10	NUM
ajfa-4160	66	4	,	,	PUNCT
ajfa-4160	66	5	59.72	59.72	NUM
ajfa-4160	66	6	,	,	PUNCT
ajfa-4160	66	7	and	and	CCONJ
ajfa-4160	66	8	72.89	72.89	NUM
ajfa-4160	66	9	percent	percent	NOUN
ajfa-4160	66	10	were	be	AUX
ajfa-4160	66	11	used	use	VERB
ajfa-4160	66	12	as	as	ADP
ajfa-4160	66	13	the	the	DET
ajfa-4160	66	14	volatility	volatility	NOUN
ajfa-4160	66	15	estimates	estimate	NOUN
ajfa-4160	66	16	in	in	ADP
ajfa-4160	66	17	the	the	DET
ajfa-4160	66	18	low	low	ADJ
ajfa-4160	66	19	,	,	PUNCT
ajfa-4160	66	20	middle	middle	ADJ
ajfa-4160	66	21	,	,	PUNCT
ajfa-4160	66	22	and	and	CCONJ
ajfa-4160	66	23	high	high	ADJ
ajfa-4160	66	24	warrant	warrant	NOUN
ajfa-4160	66	25	valuations	valuation	NOUN
ajfa-4160	66	26	,	,	PUNCT
ajfa-4160	66	27	respectively	respectively	ADV
ajfa-4160	66	28	.	.	PUNCT
ajfa-4160	67	1	the	the	DET
ajfa-4160	67	2	cpp	cpp	PROPN
ajfa-4160	67	3	warrants	warrant	NOUN
ajfa-4160	67	4	have	have	VERB
ajfa-4160	67	5	an	an	DET
ajfa-4160	67	6	unusual	unusual	ADJ
ajfa-4160	67	7	provision	provision	NOUN
ajfa-4160	67	8	that	that	PRON
ajfa-4160	67	9	cancels	cancel	VERB
ajfa-4160	67	10	half	half	NOUN
ajfa-4160	67	11	of	of	ADP
ajfa-4160	67	12	the	the	DET
ajfa-4160	67	13	warrants	warrant	NOUN
ajfa-4160	67	14	if	if	SCONJ
ajfa-4160	67	15	the	the	DET
ajfa-4160	67	16	institution	institution	NOUN
ajfa-4160	67	17	issues	issue	VERB
ajfa-4160	67	18	preferred	prefer	VERB
ajfa-4160	67	19	or	or	CCONJ
ajfa-4160	67	20	common	common	ADJ
ajfa-4160	67	21	stock	stock	NOUN
ajfa-4160	67	22	in	in	ADP
ajfa-4160	67	23	the	the	DET
ajfa-4160	67	24	amount	amount	NOUN
ajfa-4160	67	25	of	of	ADP
ajfa-4160	67	26	the	the	DET
ajfa-4160	67	27	cpp	cpp	PROPN
ajfa-4160	67	28	investment	investment	NOUN
ajfa-4160	67	29	prior	prior	ADV
ajfa-4160	67	30	to	to	ADP
ajfa-4160	67	31	january	january	PROPN
ajfa-4160	67	32	1	1	NUM
ajfa-4160	67	33	,	,	PUNCT
ajfa-4160	67	34	2010	2010	NUM
ajfa-4160	67	35	,	,	PUNCT
ajfa-4160	67	36	but	but	CCONJ
ajfa-4160	67	37	no	no	PRON
ajfa-4160	67	38	earlier	early	ADV
ajfa-4160	67	39	than	than	ADP
ajfa-4160	67	40	the	the	DET
ajfa-4160	67	41	date	date	NOUN
ajfa-4160	67	42	that	that	PRON
ajfa-4160	67	43	the	the	DET
ajfa-4160	67	44	cpp	cpp	NOUN
ajfa-4160	67	45	funds	fund	NOUN
ajfa-4160	67	46	were	be	AUX
ajfa-4160	67	47	disbursed	disburse	VERB
ajfa-4160	67	48	to	to	ADP
ajfa-4160	67	49	the	the	DET
ajfa-4160	67	50	bank	bank	NOUN
ajfa-4160	67	51	.	.	PUNCT
ajfa-4160	68	1	thus	thus	ADV
ajfa-4160	68	2	,	,	PUNCT
ajfa-4160	68	3	the	the	DET
ajfa-4160	68	4	expected	expect	VERB
ajfa-4160	68	5	number	number	NOUN
ajfa-4160	68	6	of	of	ADP
ajfa-4160	68	7	warrants	warrant	NOUN
ajfa-4160	68	8	has	have	AUX
ajfa-4160	68	9	been	be	AUX
ajfa-4160	68	10	reduced	reduce	VERB
ajfa-4160	68	11	by	by	ADP
ajfa-4160	68	12	the	the	DET
ajfa-4160	68	13	probability	probability	NOUN
ajfa-4160	68	14	that	that	SCONJ
ajfa-4160	68	15	onb	onb	ADJ
ajfa-4160	68	16	would	would	AUX
ajfa-4160	68	17	have	have	AUX
ajfa-4160	68	18	sold	sell	VERB
ajfa-4160	68	19	preferred	preferred	ADJ
ajfa-4160	68	20	or	or	CCONJ
ajfa-4160	68	21	common	common	ADJ
ajfa-4160	68	22	stock	stock	NOUN
ajfa-4160	68	23	in	in	ADP
ajfa-4160	68	24	the	the	DET
ajfa-4160	68	25	amount	amount	NOUN
ajfa-4160	68	26	of	of	ADP
ajfa-4160	68	27	$	$	SYM
ajfa-4160	68	28	100	100	NUM
ajfa-4160	68	29	million	million	NUM
ajfa-4160	68	30	by	by	ADP
ajfa-4160	68	31	december	december	PROPN
ajfa-4160	68	32	31	31	NUM
ajfa-4160	68	33	,	,	PUNCT
ajfa-4160	68	34	2009	2009	NUM
ajfa-4160	68	35	.	.	PUNCT
ajfa-4160	69	1	the	the	DET
ajfa-4160	69	2	author	author	NOUN
ajfa-4160	69	3	subjectively	subjectively	ADV
ajfa-4160	69	4	put	put	VERB
ajfa-4160	69	5	a	a	DET
ajfa-4160	69	6	fifty	fifty	NUM
ajfa-4160	69	7	percent	percent	NOUN
ajfa-4160	69	8	probability	probability	NOUN
ajfa-4160	69	9	of	of	ADP
ajfa-4160	69	10	such	such	DET
ajfa-4160	69	11	an	an	DET
ajfa-4160	69	12	issuance	issuance	NOUN
ajfa-4160	69	13	in	in	ADP
ajfa-4160	69	14	the	the	DET
ajfa-4160	69	15	low	low	ADJ
ajfa-4160	69	16	-	-	PUNCT
ajfa-4160	69	17	end	end	NOUN
ajfa-4160	69	18	valuation	valuation	NOUN
ajfa-4160	69	19	,	,	PUNCT
ajfa-4160	69	20	a	a	DET
ajfa-4160	69	21	thirty	thirty	NUM
ajfa-4160	69	22	percent	percent	NOUN
ajfa-4160	69	23	probability	probability	NOUN
ajfa-4160	69	24	of	of	ADP
ajfa-4160	69	25	such	such	DET
ajfa-4160	69	26	an	an	DET
ajfa-4160	69	27	issue	issue	NOUN
ajfa-4160	69	28	in	in	ADP
ajfa-4160	69	29	the	the	DET
ajfa-4160	69	30	middle	middle	ADJ
ajfa-4160	69	31	valuation	valuation	NOUN
ajfa-4160	69	32	,	,	PUNCT
ajfa-4160	69	33	and	and	CCONJ
ajfa-4160	69	34	a	a	DET
ajfa-4160	69	35	ten	ten	NUM
ajfa-4160	69	36	percent	percent	NOUN
ajfa-4160	69	37	chance	chance	NOUN
ajfa-4160	69	38	of	of	ADP
ajfa-4160	69	39	such	such	DET
ajfa-4160	69	40	an	an	DET
ajfa-4160	69	41	issue	issue	NOUN
ajfa-4160	69	42	in	in	ADP
ajfa-4160	69	43	the	the	DET
ajfa-4160	69	44	high	high	ADJ
ajfa-4160	69	45	-	-	PUNCT
ajfa-4160	69	46	end	end	NOUN
ajfa-4160	69	47	valuation	valuation	NOUN
ajfa-4160	69	48	.	.	PUNCT
ajfa-4160	70	1	this	this	PRON
ajfa-4160	70	2	translated	translate	VERB
ajfa-4160	70	3	into	into	ADP
ajfa-4160	70	4	the	the	DET
ajfa-4160	70	5	expected	expect	VERB
ajfa-4160	70	6	number	number	NOUN
ajfa-4160	70	7	of	of	ADP
ajfa-4160	70	8	warrants	warrant	NOUN
ajfa-4160	70	9	outstanding	outstanding	ADJ
ajfa-4160	70	10	by	by	ADP
ajfa-4160	70	11	the	the	DET
ajfa-4160	70	12	end	end	NOUN
ajfa-4160	70	13	of	of	ADP
ajfa-4160	70	14	2009	2009	NUM
ajfa-4160	70	15	at	at	ADP
ajfa-4160	70	16	609,756	609,756	NUM
ajfa-4160	70	17	,	,	PUNCT
ajfa-4160	70	18	691,057	691,057	NUM
ajfa-4160	70	19	,	,	PUNCT
ajfa-4160	70	20	and	and	CCONJ
ajfa-4160	70	21	772,358	772,358	NUM
ajfa-4160	70	22	in	in	ADP
ajfa-4160	70	23	the	the	DET
ajfa-4160	70	24	low	low	ADJ
ajfa-4160	70	25	,	,	PUNCT
ajfa-4160	70	26	middle	middle	ADJ
ajfa-4160	70	27	,	,	PUNCT
ajfa-4160	70	28	and	and	CCONJ
ajfa-4160	70	29	high	high	ADJ
ajfa-4160	70	30	valuation	valuation	NOUN
ajfa-4160	70	31	scenarios	scenario	NOUN
ajfa-4160	70	32	.	.	PUNCT
ajfa-4160	71	1	despite	despite	SCONJ
ajfa-4160	71	2	the	the	DET
ajfa-4160	71	3	fact	fact	NOUN
ajfa-4160	71	4	the	the	DET
ajfa-4160	71	5	u.s	u.s	PROPN
ajfa-4160	71	6	.	.	PROPN
ajfa-4160	71	7	treasury	treasury	PROPN
ajfa-4160	71	8	owned	own	VERB
ajfa-4160	71	9	813,008	813,008	NUM
ajfa-4160	71	10	warrants	warrant	NOUN
ajfa-4160	71	11	,	,	PUNCT
ajfa-4160	71	12	the	the	DET
ajfa-4160	71	13	expected	expect	VERB
ajfa-4160	71	14	number	number	NOUN
ajfa-4160	71	15	of	of	ADP
ajfa-4160	71	16	warrants	warrant	NOUN
ajfa-4160	71	17	is	be	AUX
ajfa-4160	71	18	less	less	ADJ
ajfa-4160	71	19	than	than	ADP
ajfa-4160	71	20	that	that	PRON
ajfa-4160	71	21	because	because	SCONJ
ajfa-4160	71	22	of	of	ADP
ajfa-4160	71	23	the	the	DET
ajfa-4160	71	24	warrant	warrant	NOUN
ajfa-4160	71	25	reduction	reduction	NOUN
ajfa-4160	71	26	provisions	provision	NOUN
ajfa-4160	71	27	in	in	ADP
ajfa-4160	71	28	the	the	DET
ajfa-4160	71	29	cpp	cpp	ADJ
ajfa-4160	71	30	term	term	NOUN
ajfa-4160	71	31	sheet	sheet	NOUN
ajfa-4160	71	32	.	.	PUNCT
ajfa-4160	72	1	after	after	ADP
ajfa-4160	72	2	looking	look	VERB
ajfa-4160	72	3	through	through	ADP
ajfa-4160	72	4	onb	onb	ADJ
ajfa-4160	72	5	’s	’s	PART
ajfa-4160	72	6	recent	recent	ADJ
ajfa-4160	72	7	press	press	NOUN
ajfa-4160	72	8	releases	release	NOUN
ajfa-4160	72	9	and	and	CCONJ
ajfa-4160	72	10	8	8	NUM
ajfa-4160	72	11	-	-	PUNCT
ajfa-4160	72	12	k	k	NOUN
ajfa-4160	72	13	filings	filing	NOUN
ajfa-4160	72	14	,	,	PUNCT
ajfa-4160	72	15	the	the	DET
ajfa-4160	72	16	author	author	NOUN
ajfa-4160	72	17	was	be	AUX
ajfa-4160	72	18	not	not	PART
ajfa-4160	72	19	able	able	ADJ
ajfa-4160	72	20	to	to	PART
ajfa-4160	72	21	find	find	VERB
ajfa-4160	72	22	any	any	DET
ajfa-4160	72	23	evidence	evidence	NOUN
ajfa-4160	72	24	that	that	PRON
ajfa-4160	72	25	onb	onb	ADJ
ajfa-4160	72	26	had	have	AUX
ajfa-4160	72	27	initiated	initiate	VERB
ajfa-4160	72	28	any	any	DET
ajfa-4160	72	29	preferred	preferred	ADJ
ajfa-4160	72	30	or	or	CCONJ
ajfa-4160	72	31	common	common	ADJ
ajfa-4160	72	32	stock	stock	NOUN
ajfa-4160	72	33	offerings	offering	NOUN
ajfa-4160	72	34	since	since	SCONJ
ajfa-4160	72	35	receiving	receive	VERB
ajfa-4160	72	36	the	the	DET
ajfa-4160	72	37	cpp	cpp	ADJ
ajfa-4160	72	38	funds	fund	NOUN
ajfa-4160	72	39	.	.	PUNCT
ajfa-4160	73	1	therefore	therefore	ADV
ajfa-4160	73	2	,	,	PUNCT
ajfa-4160	73	3	it	it	PRON
ajfa-4160	73	4	seems	seem	VERB
ajfa-4160	73	5	unlikely	unlikely	ADJ
ajfa-4160	73	6	that	that	SCONJ
ajfa-4160	73	7	it	it	PRON
ajfa-4160	73	8	would	would	AUX
ajfa-4160	73	9	have	have	AUX
ajfa-4160	73	10	completed	complete	VERB
ajfa-4160	73	11	a	a	DET
ajfa-4160	73	12	qualified	qualified	ADJ
ajfa-4160	73	13	equity	equity	NOUN
ajfa-4160	73	14	offering	offering	NOUN
ajfa-4160	73	15	prior	prior	ADV
ajfa-4160	73	16	to	to	ADP
ajfa-4160	73	17	the	the	DET
ajfa-4160	73	18	start	start	NOUN
ajfa-4160	73	19	of	of	ADP
ajfa-4160	73	20	2010	2010	NUM
ajfa-4160	73	21	.	.	PUNCT
ajfa-4160	74	1	the	the	DET
ajfa-4160	74	2	author	author	NOUN
ajfa-4160	74	3	nevertheless	nevertheless	ADV
ajfa-4160	74	4	cautions	caution	VERB
ajfa-4160	74	5	the	the	DET
ajfa-4160	74	6	reader	reader	NOUN
ajfa-4160	74	7	that	that	SCONJ
ajfa-4160	74	8	his	his	PRON
ajfa-4160	74	9	estimates	estimate	NOUN
ajfa-4160	74	10	about	about	ADP
ajfa-4160	74	11	warrant	warrant	NOUN
ajfa-4160	74	12	cancellation	cancellation	NOUN
ajfa-4160	74	13	probabilities	probability	NOUN
ajfa-4160	74	14	are	be	AUX
ajfa-4160	74	15	highly	highly	ADV
ajfa-4160	74	16	subjective	subjective	ADJ
ajfa-4160	74	17	.	.	PUNCT
ajfa-4160	75	1	table	table	NOUN
ajfa-4160	75	2	1	1	NUM
ajfa-4160	75	3	provides	provide	VERB
ajfa-4160	75	4	many	many	ADJ
ajfa-4160	75	5	of	of	ADP
ajfa-4160	75	6	the	the	DET
ajfa-4160	75	7	inputs	input	NOUN
ajfa-4160	75	8	used	use	VERB
ajfa-4160	75	9	in	in	ADP
ajfa-4160	75	10	the	the	DET
ajfa-4160	75	11	valuation	valuation	NOUN
ajfa-4160	75	12	in	in	ADP
ajfa-4160	75	13	tables	table	NOUN
ajfa-4160	75	14	2	2	NUM
ajfa-4160	75	15	,	,	PUNCT
ajfa-4160	75	16	3	3	NUM
ajfa-4160	75	17	,	,	PUNCT
ajfa-4160	75	18	and	and	CCONJ
ajfa-4160	75	19	4	4	X
ajfa-4160	75	20	.	.	X
ajfa-4160	76	1	these	these	PRON
ajfa-4160	76	2	are	be	AUX
ajfa-4160	76	3	the	the	DET
ajfa-4160	76	4	number	number	NOUN
ajfa-4160	76	5	of	of	ADP
ajfa-4160	76	6	shares	share	NOUN
ajfa-4160	76	7	outstanding	outstanding	ADJ
ajfa-4160	76	8	,	,	PUNCT
ajfa-4160	76	9	the	the	DET
ajfa-4160	76	10	number	number	NOUN
ajfa-4160	76	11	of	of	ADP
ajfa-4160	76	12	warrants	warrant	NOUN
ajfa-4160	76	13	,	,	PUNCT
ajfa-4160	76	14	the	the	DET
ajfa-4160	76	15	closing	close	VERB
ajfa-4160	76	16	stock	stock	NOUN
ajfa-4160	76	17	prices	price	NOUN
ajfa-4160	76	18	and	and	CCONJ
ajfa-4160	76	19	the	the	DET
ajfa-4160	76	20	strike	strike	NOUN
ajfa-4160	76	21	price	price	NOUN
ajfa-4160	76	22	of	of	ADP
ajfa-4160	76	23	the	the	DET
ajfa-4160	76	24	warrants	warrant	NOUN
ajfa-4160	76	25	.	.	PUNCT
ajfa-4160	77	1	all	all	DET
ajfa-4160	77	2	the	the	DET
ajfa-4160	77	3	valuations	valuation	NOUN
ajfa-4160	77	4	used	use	VERB
ajfa-4160	77	5	a	a	DET
ajfa-4160	77	6	continuously	continuously	ADV
ajfa-4160	77	7	compounding	compounding	NOUN
ajfa-4160	77	8	,	,	PUNCT
ajfa-4160	77	9	risk	risk	NOUN
ajfa-4160	77	10	-	-	PUNCT
ajfa-4160	77	11	free	free	ADJ
ajfa-4160	77	12	rate	rate	NOUN
ajfa-4160	77	13	of	of	ADP
ajfa-4160	77	14	3.19	3.19	NUM
ajfa-4160	77	15	,	,	PUNCT
ajfa-4160	77	16	percent	percent	NOUN
ajfa-4160	77	17	which	which	PRON
ajfa-4160	77	18	was	be	AUX
ajfa-4160	77	19	based	base	VERB
ajfa-4160	77	20	on	on	ADP
ajfa-4160	77	21	the	the	DET
ajfa-4160	77	22	ten	ten	NUM
ajfa-4160	77	23	year	year	NOUN
ajfa-4160	77	24	treasury	treasury	NOUN
ajfa-4160	77	25	note	note	NOUN
ajfa-4160	77	26	rate	rate	NOUN
ajfa-4160	77	27	reported	report	VERB
ajfa-4160	77	28	for	for	ADP
ajfa-4160	77	29	may	may	PROPN
ajfa-4160	77	30	8	8	NUM
ajfa-4160	77	31	,	,	PUNCT
ajfa-4160	77	32	2009	2009	NUM
ajfa-4160	77	33	,	,	PUNCT
ajfa-4160	77	34	on	on	ADP
ajfa-4160	77	35	yahoo	yahoo	PROPN
ajfa-4160	77	36	!	!	PUNCT
ajfa-4160	77	37	finance	finance	PROPN
ajfa-4160	77	38	.	.	PUNCT
ajfa-4160	78	1	3	3	X
ajfa-4160	78	2	.	.	NOUN
ajfa-4160	78	3	models	model	NOUN
ajfa-4160	78	4	and	and	CCONJ
ajfa-4160	78	5	results	result	VERB
ajfa-4160	78	6	the	the	DET
ajfa-4160	78	7	most	most	ADV
ajfa-4160	78	8	preferred	preferred	ADJ
ajfa-4160	78	9	model	model	NOUN
ajfa-4160	78	10	adjusts	adjust	VERB
ajfa-4160	78	11	for	for	ADP
ajfa-4160	78	12	dividends	dividend	NOUN
ajfa-4160	78	13	and	and	CCONJ
ajfa-4160	78	14	the	the	DET
ajfa-4160	78	15	dilution	dilution	NOUN
ajfa-4160	78	16	associated	associate	VERB
ajfa-4160	78	17	with	with	ADP
ajfa-4160	78	18	warrant	warrant	ADJ
ajfa-4160	78	19	exercise	exercise	NOUN
ajfa-4160	78	20	.	.	PUNCT
ajfa-4160	79	1	when	when	SCONJ
ajfa-4160	79	2	warrants	warrant	NOUN
ajfa-4160	79	3	are	be	AUX
ajfa-4160	79	4	exercised	exercise	VERB
ajfa-4160	79	5	,	,	PUNCT
ajfa-4160	79	6	the	the	DET
ajfa-4160	79	7	number	number	NOUN
ajfa-4160	79	8	of	of	ADP
ajfa-4160	79	9	shares	share	NOUN
ajfa-4160	79	10	increase	increase	NOUN
ajfa-4160	79	11	.	.	PUNCT
ajfa-4160	80	1	on	on	ADP
ajfa-4160	80	2	may	may	PROPN
ajfa-4160	80	3	8	8	NUM
ajfa-4160	80	4	,	,	PUNCT
ajfa-4160	80	5	2009	2009	NUM
ajfa-4160	80	6	,	,	PUNCT
ajfa-4160	80	7	the	the	DET
ajfa-4160	80	8	number	number	NOUN
ajfa-4160	80	9	of	of	ADP
ajfa-4160	80	10	shares	share	NOUN
ajfa-4160	80	11	outstanding	outstanding	ADJ
ajfa-4160	80	12	was	be	AUX
ajfa-4160	80	13	66.41	66.41	NUM
ajfa-4160	80	14	million	million	NUM
ajfa-4160	80	15	.	.	PUNCT
ajfa-4160	81	1	thus	thus	ADV
ajfa-4160	81	2	,	,	PUNCT
ajfa-4160	81	3	if	if	SCONJ
ajfa-4160	81	4	all	all	DET
ajfa-4160	81	5	warrants	warrant	NOUN
ajfa-4160	81	6	were	be	AUX
ajfa-4160	81	7	exercised	exercise	VERB
ajfa-4160	81	8	,	,	PUNCT
ajfa-4160	81	9	then	then	ADV
ajfa-4160	81	10	the	the	DET
ajfa-4160	81	11	number	number	NOUN
ajfa-4160	81	12	of	of	ADP
ajfa-4160	81	13	shares	share	NOUN
ajfa-4160	81	14	would	would	AUX
ajfa-4160	81	15	increase	increase	VERB
ajfa-4160	81	16	by	by	ADP
ajfa-4160	81	17	0.81	0.81	NUM
ajfa-4160	81	18	million	million	NUM
ajfa-4160	81	19	.	.	PUNCT
ajfa-4160	82	1	galai	galai	NOUN
ajfa-4160	82	2	and	and	CCONJ
ajfa-4160	82	3	schneller	schneller	NOUN
ajfa-4160	82	4	(	(	PUNCT
ajfa-4160	82	5	1978	1978	NUM
ajfa-4160	82	6	)	)	PUNCT
ajfa-4160	82	7	adjust	adjust	VERB
ajfa-4160	82	8	for	for	ADP
ajfa-4160	82	9	the	the	DET
ajfa-4160	82	10	capital	capital	NOUN
ajfa-4160	82	11	raised	raise	VERB
ajfa-4160	82	12	from	from	ADP
ajfa-4160	82	13	warrant	warrant	ADJ
ajfa-4160	82	14	exercise	exercise	NOUN
ajfa-4160	82	15	,	,	PUNCT
ajfa-4160	82	16	because	because	SCONJ
ajfa-4160	82	17	the	the	DET
ajfa-4160	82	18	exercise	exercise	NOUN
ajfa-4160	82	19	price	price	NOUN
ajfa-4160	82	20	is	be	AUX
ajfa-4160	82	21	collected	collect	VERB
ajfa-4160	82	22	by	by	ADP
ajfa-4160	82	23	the	the	DET
ajfa-4160	82	24	firm	firm	NOUN
ajfa-4160	82	25	.	.	PUNCT
ajfa-4160	83	1	that	that	DET
ajfa-4160	83	2	model	model	NOUN
ajfa-4160	83	3	also	also	ADV
ajfa-4160	83	4	adjusts	adjust	VERB
ajfa-4160	83	5	for	for	ADP
ajfa-4160	83	6	the	the	DET
ajfa-4160	83	7	dilution	dilution	NOUN
ajfa-4160	83	8	associated	associate	VERB
ajfa-4160	83	9	with	with	ADP
ajfa-4160	83	10	the	the	DET
ajfa-4160	83	11	extra	extra	ADJ
ajfa-4160	83	12	stock	stock	NOUN
ajfa-4160	83	13	circulating	circulate	VERB
ajfa-4160	83	14	.	.	PUNCT
ajfa-4160	84	1	on	on	ADP
ajfa-4160	84	2	balance	balance	NOUN
ajfa-4160	84	3	,	,	PUNCT
ajfa-4160	84	4	warrant	warrant	ADJ
ajfa-4160	84	5	exercise	exercise	NOUN
ajfa-4160	84	6	puts	put	VERB
ajfa-4160	84	7	downward	downward	ADJ
ajfa-4160	84	8	pressure	pressure	NOUN
ajfa-4160	84	9	on	on	ADP
ajfa-4160	84	10	the	the	DET
ajfa-4160	84	11	stock	stock	NOUN
ajfa-4160	84	12	price	price	NOUN
ajfa-4160	84	13	.	.	PUNCT
ajfa-4160	85	1	galai	galai	NOUN
ajfa-4160	85	2	and	and	CCONJ
ajfa-4160	85	3	schneller	schneller	NOUN
ajfa-4160	85	4	(	(	PUNCT
ajfa-4160	85	5	1978	1978	NUM
ajfa-4160	85	6	)	)	PUNCT
ajfa-4160	85	7	’s	’s	PART
ajfa-4160	85	8	methods	method	NOUN
ajfa-4160	85	9	were	be	AUX
ajfa-4160	85	10	used	use	VERB
ajfa-4160	85	11	to	to	PART
ajfa-4160	85	12	adjust	adjust	VERB
ajfa-4160	85	13	the	the	DET
ajfa-4160	85	14	estimates	estimate	NOUN
ajfa-4160	85	15	generated	generate	VERB
ajfa-4160	85	16	from	from	ADP
ajfa-4160	85	17	the	the	DET
ajfa-4160	85	18	option	option	NOUN
ajfa-4160	85	19	pricing	pricing	NOUN
ajfa-4160	85	20	model	model	NOUN
ajfa-4160	85	21	of	of	ADP
ajfa-4160	85	22	merton	merton	PROPN
ajfa-4160	85	23	(	(	PUNCT
ajfa-4160	85	24	1973	1973	NUM
ajfa-4160	85	25	)	)	PUNCT
ajfa-4160	85	26	.	.	PUNCT
ajfa-4160	86	1	merton	merton	PROPN
ajfa-4160	86	2	(	(	PUNCT
ajfa-4160	86	3	1973	1973	NUM
ajfa-4160	86	4	)	)	PUNCT
ajfa-4160	86	5	shows	show	VERB
ajfa-4160	86	6	how	how	SCONJ
ajfa-4160	86	7	to	to	PART
ajfa-4160	86	8	estimate	estimate	VERB
ajfa-4160	86	9	option	option	NOUN
ajfa-4160	86	10	prices	price	NOUN
ajfa-4160	86	11	for	for	ADP
ajfa-4160	86	12	stocks	stock	NOUN
ajfa-4160	86	13	which	which	PRON
ajfa-4160	86	14	pay	pay	VERB
ajfa-4160	86	15	6	6	NUM
ajfa-4160	86	16	brad	brad	PROPN
ajfa-4160	86	17	hessel	hessel	PROPN
ajfa-4160	86	18	,	,	PUNCT
ajfa-4160	86	19	april	april	PROPN
ajfa-4160	86	20	24	24	NUM
ajfa-4160	86	21	,	,	PUNCT
ajfa-4160	86	22	2009	2009	NUM
ajfa-4160	86	23	,	,	PUNCT
ajfa-4160	86	24	“	"	PUNCT
ajfa-4160	86	25	the	the	DET
ajfa-4160	86	26	volatility	volatility	NOUN
ajfa-4160	86	27	is	be	AUX
ajfa-4160	86	28	off	off	ADP
ajfa-4160	86	29	the	the	DET
ajfa-4160	86	30	charts	chart	NOUN
ajfa-4160	86	31	!	!	PUNCT
ajfa-4160	86	32	”	"	PUNCT
ajfa-4160	87	1	the	the	DET
ajfa-4160	87	2	motley	motley	ADJ
ajfa-4160	87	3	fool	fool	NOUN
ajfa-4160	87	4	,	,	PUNCT
ajfa-4160	87	5	accessed	access	VERB
ajfa-4160	87	6	online	online	ADV
ajfa-4160	87	7	on	on	ADP
ajfa-4160	87	8	april	april	PROPN
ajfa-4160	87	9	29	29	NUM
ajfa-4160	87	10	,	,	PUNCT
ajfa-4160	87	11	2009	2009	NUM
ajfa-4160	87	12	at	at	ADP
ajfa-4160	87	13	http://www.fool.com/investing/general/2009/04/24/this-volatility-is-off-the-charts.aspx	http://www.fool.com/investing/general/2009/04/24/this-volatility-is-off-the-charts.aspx	PROPN
ajfa-4160	87	14	.	.	PUNCT
ajfa-4160	87	15	asian	asian	PROPN
ajfa-4160	87	16	journal	journal	PROPN
ajfa-4160	87	17	of	of	ADP
ajfa-4160	87	18	finance	finance	PROPN
ajfa-4160	87	19	&	&	CCONJ
ajfa-4160	87	20	accounting	accounting	PROPN
ajfa-4160	87	21	issn	issn	PROPN
ajfa-4160	87	22	1946	1946	NUM
ajfa-4160	87	23	-	-	PUNCT
ajfa-4160	87	24	052x	052x	PROPN
ajfa-4160	87	25	2014	2014	NUM
ajfa-4160	87	26	,	,	PUNCT
ajfa-4160	87	27	vol	vol	NOUN
ajfa-4160	87	28	.	.	PROPN
ajfa-4160	88	1	6	6	NUM
ajfa-4160	88	2	,	,	PUNCT
ajfa-4160	88	3	no	no	INTJ
ajfa-4160	88	4	.	.	NOUN
ajfa-4160	88	5	2	2	NUM
ajfa-4160	88	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4160	88	7	347	347	NUM
ajfa-4160	88	8	continuous	continuous	ADJ
ajfa-4160	88	9	dividends	dividend	NOUN
ajfa-4160	88	10	.	.	PUNCT
ajfa-4160	89	1	merton	merton	PROPN
ajfa-4160	89	2	(	(	PUNCT
ajfa-4160	89	3	1973	1973	NUM
ajfa-4160	89	4	)	)	PUNCT
ajfa-4160	89	5	is	be	AUX
ajfa-4160	89	6	a	a	DET
ajfa-4160	89	7	good	good	ADJ
ajfa-4160	89	8	estimate	estimate	NOUN
ajfa-4160	89	9	for	for	ADP
ajfa-4160	89	10	a	a	DET
ajfa-4160	89	11	long	long	ADJ
ajfa-4160	89	12	lived	live	VERB
ajfa-4160	89	13	call	call	NOUN
ajfa-4160	89	14	option	option	NOUN
ajfa-4160	89	15	such	such	ADJ
ajfa-4160	89	16	as	as	ADP
ajfa-4160	89	17	warrant	warrant	NOUN
ajfa-4160	89	18	with	with	ADP
ajfa-4160	89	19	almost	almost	ADV
ajfa-4160	89	20	ten	ten	NUM
ajfa-4160	89	21	years	year	NOUN
ajfa-4160	89	22	to	to	ADP
ajfa-4160	89	23	expiration	expiration	NOUN
ajfa-4160	89	24	.	.	PUNCT
ajfa-4160	90	1	the	the	DET
ajfa-4160	90	2	warrant	warrant	NOUN
ajfa-4160	90	3	values	value	NOUN
ajfa-4160	90	4	were	be	AUX
ajfa-4160	90	5	solved	solve	VERB
ajfa-4160	90	6	numerically	numerically	ADV
ajfa-4160	90	7	and	and	CCONJ
ajfa-4160	90	8	are	be	AUX
ajfa-4160	90	9	summarized	summarize	VERB
ajfa-4160	90	10	in	in	ADP
ajfa-4160	90	11	table	table	NOUN
ajfa-4160	90	12	2	2	NUM
ajfa-4160	90	13	.	.	PUNCT
ajfa-4160	91	1	the	the	DET
ajfa-4160	91	2	per	per	ADP
ajfa-4160	91	3	-	-	PUNCT
ajfa-4160	91	4	warrant	warrant	NOUN
ajfa-4160	91	5	valuation	valuation	NOUN
ajfa-4160	91	6	is	be	AUX
ajfa-4160	91	7	the	the	DET
ajfa-4160	91	8	lowest	low	ADJ
ajfa-4160	91	9	in	in	ADP
ajfa-4160	91	10	table	table	NOUN
ajfa-4160	91	11	2	2	NUM
ajfa-4160	91	12	because	because	SCONJ
ajfa-4160	91	13	the	the	DET
ajfa-4160	91	14	dilution	dilution	NOUN
ajfa-4160	91	15	and	and	CCONJ
ajfa-4160	91	16	dividend	dividend	NOUN
ajfa-4160	91	17	adjustments	adjustment	NOUN
ajfa-4160	91	18	reduce	reduce	VERB
ajfa-4160	91	19	the	the	DET
ajfa-4160	91	20	warrants	warrant	NOUN
ajfa-4160	91	21	’	'	PUNCT
ajfa-4160	91	22	value	value	NOUN
ajfa-4160	91	23	.	.	PUNCT
ajfa-4160	92	1	the	the	DET
ajfa-4160	92	2	per	per	ADP
ajfa-4160	92	3	-	-	PUNCT
ajfa-4160	92	4	warrant	warrant	NOUN
ajfa-4160	92	5	values	value	NOUN
ajfa-4160	92	6	are	be	AUX
ajfa-4160	92	7	$	$	SYM
ajfa-4160	92	8	2.50	2.50	NUM
ajfa-4160	92	9	,	,	PUNCT
ajfa-4160	92	10	$	$	SYM
ajfa-4160	92	11	5.93	5.93	NUM
ajfa-4160	92	12	,	,	PUNCT
ajfa-4160	92	13	and	and	CCONJ
ajfa-4160	92	14	$	$	SYM
ajfa-4160	92	15	8.88	8.88	NUM
ajfa-4160	92	16	in	in	ADP
ajfa-4160	92	17	table	table	NOUN
ajfa-4160	92	18	2	2	NUM
ajfa-4160	92	19	in	in	ADP
ajfa-4160	92	20	the	the	DET
ajfa-4160	92	21	low	low	ADJ
ajfa-4160	92	22	,	,	PUNCT
ajfa-4160	92	23	middle	middle	ADJ
ajfa-4160	92	24	,	,	PUNCT
ajfa-4160	92	25	and	and	CCONJ
ajfa-4160	92	26	high	high	ADJ
ajfa-4160	92	27	scenarios	scenario	NOUN
ajfa-4160	92	28	,	,	PUNCT
ajfa-4160	92	29	respectively	respectively	ADV
ajfa-4160	92	30	.	.	PUNCT
ajfa-4160	93	1	in	in	ADP
ajfa-4160	93	2	table	table	NOUN
ajfa-4160	93	3	3	3	NUM
ajfa-4160	93	4	,	,	PUNCT
ajfa-4160	93	5	only	only	ADV
ajfa-4160	93	6	the	the	DET
ajfa-4160	93	7	model	model	NOUN
ajfa-4160	93	8	of	of	ADP
ajfa-4160	93	9	merton	merton	PROPN
ajfa-4160	93	10	(	(	PUNCT
ajfa-4160	93	11	1973	1973	NUM
ajfa-4160	93	12	)	)	PUNCT
ajfa-4160	93	13	is	be	AUX
ajfa-4160	93	14	used	use	VERB
ajfa-4160	93	15	.	.	PUNCT
ajfa-4160	94	1	the	the	DET
ajfa-4160	94	2	warrants	warrant	NOUN
ajfa-4160	94	3	are	be	AUX
ajfa-4160	94	4	adjusted	adjust	VERB
ajfa-4160	94	5	downwards	downward	NOUN
ajfa-4160	94	6	for	for	ADP
ajfa-4160	94	7	dividends	dividend	NOUN
ajfa-4160	94	8	,	,	PUNCT
ajfa-4160	94	9	but	but	CCONJ
ajfa-4160	94	10	no	no	DET
ajfa-4160	94	11	adjustments	adjustment	NOUN
ajfa-4160	94	12	are	be	AUX
ajfa-4160	94	13	made	make	VERB
ajfa-4160	94	14	for	for	ADP
ajfa-4160	94	15	dilution	dilution	NOUN
ajfa-4160	94	16	.	.	PUNCT
ajfa-4160	95	1	the	the	DET
ajfa-4160	95	2	per	per	ADP
ajfa-4160	95	3	-	-	PUNCT
ajfa-4160	95	4	warrant	warrant	NOUN
ajfa-4160	95	5	values	value	NOUN
ajfa-4160	95	6	in	in	ADP
ajfa-4160	95	7	table	table	NOUN
ajfa-4160	95	8	3	3	NUM
ajfa-4160	95	9	are	be	AUX
ajfa-4160	95	10	$	$	SYM
ajfa-4160	95	11	2.52	2.52	NUM
ajfa-4160	95	12	,	,	PUNCT
ajfa-4160	95	13	$	$	SYM
ajfa-4160	95	14	3.63	3.63	NUM
ajfa-4160	95	15	,	,	PUNCT
ajfa-4160	95	16	$	$	SYM
ajfa-4160	95	17	8.91	8.91	NUM
ajfa-4160	95	18	.	.	PUNCT
ajfa-4160	96	1	if	if	SCONJ
ajfa-4160	96	2	we	we	PRON
ajfa-4160	96	3	compare	compare	VERB
ajfa-4160	96	4	the	the	DET
ajfa-4160	96	5	results	result	NOUN
ajfa-4160	96	6	in	in	ADP
ajfa-4160	96	7	table	table	NOUN
ajfa-4160	96	8	2	2	NUM
ajfa-4160	96	9	and	and	CCONJ
ajfa-4160	96	10	table	table	NOUN
ajfa-4160	96	11	3	3	NUM
ajfa-4160	96	12	,	,	PUNCT
ajfa-4160	96	13	dilution	dilution	NOUN
ajfa-4160	96	14	only	only	ADV
ajfa-4160	96	15	cost	cost	VERB
ajfa-4160	96	16	a	a	DET
ajfa-4160	96	17	few	few	ADJ
ajfa-4160	96	18	cents	cent	NOUN
ajfa-4160	96	19	per	per	ADP
ajfa-4160	96	20	-	-	PUNCT
ajfa-4160	96	21	warrant	warrant	NOUN
ajfa-4160	96	22	.	.	PUNCT
ajfa-4160	97	1	in	in	ADP
ajfa-4160	97	2	table	table	NOUN
ajfa-4160	97	3	4	4	NUM
ajfa-4160	97	4	,	,	PUNCT
ajfa-4160	97	5	the	the	DET
ajfa-4160	97	6	black	black	ADJ
ajfa-4160	97	7	and	and	CCONJ
ajfa-4160	97	8	scholes	schole	NOUN
ajfa-4160	97	9	(	(	PUNCT
ajfa-4160	97	10	1973	1973	NUM
ajfa-4160	97	11	)	)	PUNCT
ajfa-4160	97	12	model	model	NOUN
ajfa-4160	97	13	is	be	AUX
ajfa-4160	97	14	used	use	VERB
ajfa-4160	97	15	.	.	PUNCT
ajfa-4160	98	1	it	it	PRON
ajfa-4160	98	2	does	do	AUX
ajfa-4160	98	3	not	not	PART
ajfa-4160	98	4	adjust	adjust	VERB
ajfa-4160	98	5	for	for	ADP
ajfa-4160	98	6	either	either	PRON
ajfa-4160	98	7	dilution	dilution	NOUN
ajfa-4160	98	8	or	or	CCONJ
ajfa-4160	98	9	dividends	dividend	NOUN
ajfa-4160	98	10	.	.	PUNCT
ajfa-4160	99	1	thus	thus	ADV
ajfa-4160	99	2	,	,	PUNCT
ajfa-4160	99	3	table	table	NOUN
ajfa-4160	99	4	4	4	NUM
ajfa-4160	99	5	generates	generate	VERB
ajfa-4160	99	6	the	the	DET
ajfa-4160	99	7	highest	high	ADJ
ajfa-4160	99	8	values	value	NOUN
ajfa-4160	99	9	per	per	ADP
ajfa-4160	99	10	-	-	PUNCT
ajfa-4160	99	11	warrant	warrant	NOUN
ajfa-4160	99	12	.	.	PUNCT
ajfa-4160	100	1	the	the	DET
ajfa-4160	100	2	per	per	ADP
ajfa-4160	100	3	-	-	PUNCT
ajfa-4160	100	4	warrant	warrant	NOUN
ajfa-4160	100	5	values	value	NOUN
ajfa-4160	100	6	are	be	AUX
ajfa-4160	100	7	$	$	SYM
ajfa-4160	100	8	6.72	6.72	NUM
ajfa-4160	100	9	,	,	PUNCT
ajfa-4160	100	10	$	$	SYM
ajfa-4160	100	11	9.69	9.69	NUM
ajfa-4160	100	12	,	,	PUNCT
ajfa-4160	100	13	and	and	CCONJ
ajfa-4160	100	14	$	$	SYM
ajfa-4160	100	15	11.05	11.05	NUM
ajfa-4160	100	16	in	in	ADP
ajfa-4160	100	17	the	the	DET
ajfa-4160	100	18	low	low	ADJ
ajfa-4160	100	19	-	-	PUNCT
ajfa-4160	100	20	end	end	NOUN
ajfa-4160	100	21	,	,	PUNCT
ajfa-4160	100	22	medium	medium	ADJ
ajfa-4160	100	23	,	,	PUNCT
ajfa-4160	100	24	and	and	CCONJ
ajfa-4160	100	25	high	high	ADJ
ajfa-4160	100	26	-	-	PUNCT
ajfa-4160	100	27	end	end	NOUN
ajfa-4160	100	28	valuations	valuation	NOUN
ajfa-4160	100	29	.	.	PUNCT
ajfa-4160	101	1	this	this	PRON
ajfa-4160	101	2	is	be	AUX
ajfa-4160	101	3	significantly	significantly	ADV
ajfa-4160	101	4	higher	high	ADJ
ajfa-4160	101	5	than	than	ADP
ajfa-4160	101	6	the	the	DET
ajfa-4160	101	7	other	other	ADJ
ajfa-4160	101	8	two	two	NUM
ajfa-4160	101	9	tables	table	NOUN
ajfa-4160	101	10	.	.	PUNCT
ajfa-4160	102	1	black	black	ADJ
ajfa-4160	102	2	and	and	CCONJ
ajfa-4160	102	3	scholes	schole	NOUN
ajfa-4160	102	4	(	(	PUNCT
ajfa-4160	102	5	1973	1973	NUM
ajfa-4160	102	6	)	)	PUNCT
ajfa-4160	102	7	significantly	significantly	ADV
ajfa-4160	102	8	overstates	overstate	VERB
ajfa-4160	102	9	the	the	DET
ajfa-4160	102	10	values	value	NOUN
ajfa-4160	102	11	of	of	ADP
ajfa-4160	102	12	the	the	DET
ajfa-4160	102	13	cpp	cpp	PROPN
ajfa-4160	102	14	warrants	warrant	NOUN
ajfa-4160	102	15	because	because	SCONJ
ajfa-4160	102	16	that	that	DET
ajfa-4160	102	17	model	model	NOUN
ajfa-4160	102	18	does	do	AUX
ajfa-4160	102	19	not	not	PART
ajfa-4160	102	20	adjust	adjust	VERB
ajfa-4160	102	21	for	for	ADP
ajfa-4160	102	22	dividends	dividend	NOUN
ajfa-4160	102	23	.	.	PUNCT
ajfa-4160	103	1	since	since	SCONJ
ajfa-4160	103	2	financial	financial	ADJ
ajfa-4160	103	3	stocks	stock	NOUN
ajfa-4160	103	4	are	be	AUX
ajfa-4160	103	5	heavy	heavy	ADJ
ajfa-4160	103	6	dividend	dividend	NOUN
ajfa-4160	103	7	payers	payer	NOUN
ajfa-4160	103	8	,	,	PUNCT
ajfa-4160	103	9	any	any	DET
ajfa-4160	103	10	realistic	realistic	ADJ
ajfa-4160	103	11	valuation	valuation	NOUN
ajfa-4160	103	12	of	of	ADP
ajfa-4160	103	13	their	their	PRON
ajfa-4160	103	14	warrants	warrant	NOUN
ajfa-4160	103	15	must	must	AUX
ajfa-4160	103	16	adjust	adjust	VERB
ajfa-4160	103	17	for	for	ADP
ajfa-4160	103	18	dividends	dividend	NOUN
ajfa-4160	103	19	.	.	PUNCT
ajfa-4160	104	1	4	4	X
ajfa-4160	104	2	.	.	X
ajfa-4160	104	3	conclusion	conclusion	NOUN
ajfa-4160	104	4	this	this	DET
ajfa-4160	104	5	paper	paper	NOUN
ajfa-4160	104	6	has	have	AUX
ajfa-4160	104	7	valued	value	VERB
ajfa-4160	104	8	the	the	DET
ajfa-4160	104	9	old	old	ADJ
ajfa-4160	104	10	national	national	PROPN
ajfa-4160	104	11	bancorp	bancorp	PROPN
ajfa-4160	104	12	(	(	PUNCT
ajfa-4160	104	13	onb	onb	ADJ
ajfa-4160	104	14	)	)	PUNCT
ajfa-4160	104	15	warrants	warrant	NOUN
ajfa-4160	104	16	which	which	PRON
ajfa-4160	104	17	were	be	AUX
ajfa-4160	104	18	issued	issue	VERB
ajfa-4160	104	19	as	as	ADP
ajfa-4160	104	20	part	part	NOUN
ajfa-4160	104	21	of	of	ADP
ajfa-4160	104	22	this	this	DET
ajfa-4160	104	23	bank	bank	NOUN
ajfa-4160	104	24	’s	’s	PART
ajfa-4160	104	25	brief	brief	ADJ
ajfa-4160	104	26	participation	participation	NOUN
ajfa-4160	104	27	in	in	ADP
ajfa-4160	104	28	the	the	DET
ajfa-4160	104	29	capital	capital	NOUN
ajfa-4160	104	30	purchase	purchase	NOUN
ajfa-4160	104	31	program	program	NOUN
ajfa-4160	104	32	(	(	PUNCT
ajfa-4160	104	33	cpp	cpp	NOUN
ajfa-4160	104	34	)	)	PUNCT
ajfa-4160	104	35	.	.	PUNCT
ajfa-4160	105	1	in	in	ADP
ajfa-4160	105	2	the	the	DET
ajfa-4160	105	3	author	author	NOUN
ajfa-4160	105	4	’s	’s	PART
ajfa-4160	105	5	most	most	ADV
ajfa-4160	105	6	preferred	preferred	ADJ
ajfa-4160	105	7	model	model	NOUN
ajfa-4160	105	8	,	,	PUNCT
ajfa-4160	105	9	the	the	DET
ajfa-4160	105	10	middle	middle	ADJ
ajfa-4160	105	11	estimate	estimate	NOUN
ajfa-4160	105	12	was	be	AUX
ajfa-4160	105	13	that	that	SCONJ
ajfa-4160	105	14	the	the	DET
ajfa-4160	105	15	cpp	cpp	ADJ
ajfa-4160	105	16	onb	onb	ADJ
ajfa-4160	105	17	warrants	warrant	NOUN
ajfa-4160	105	18	were	be	AUX
ajfa-4160	105	19	worth	worth	ADJ
ajfa-4160	105	20	$	$	SYM
ajfa-4160	105	21	3.61	3.61	NUM
ajfa-4160	105	22	million	million	NUM
ajfa-4160	105	23	.	.	PUNCT
ajfa-4160	106	1	this	this	PRON
ajfa-4160	106	2	is	be	AUX
ajfa-4160	106	3	significantly	significantly	ADV
ajfa-4160	106	4	higher	high	ADJ
ajfa-4160	106	5	than	than	ADP
ajfa-4160	106	6	the	the	DET
ajfa-4160	106	7	$	$	SYM
ajfa-4160	106	8	1.2	1.2	NUM
ajfa-4160	106	9	million	million	NUM
ajfa-4160	106	10	price	price	NOUN
ajfa-4160	106	11	that	that	PRON
ajfa-4160	106	12	the	the	DET
ajfa-4160	106	13	u.s	u.s	PROPN
ajfa-4160	106	14	.	.	PROPN
ajfa-4160	106	15	treasury	treasury	PROPN
ajfa-4160	106	16	sold	sell	VERB
ajfa-4160	106	17	them	they	PRON
ajfa-4160	106	18	back	back	ADV
ajfa-4160	106	19	to	to	ADP
ajfa-4160	106	20	onb	onb	ADJ
ajfa-4160	106	21	.	.	PUNCT
ajfa-4160	107	1	the	the	DET
ajfa-4160	107	2	low	low	ADJ
ajfa-4160	107	3	-	-	PUNCT
ajfa-4160	107	4	end	end	NOUN
ajfa-4160	107	5	and	and	CCONJ
ajfa-4160	107	6	high	high	ADJ
ajfa-4160	107	7	-	-	PUNCT
ajfa-4160	107	8	end	end	NOUN
ajfa-4160	107	9	estimates	estimate	NOUN
ajfa-4160	107	10	of	of	ADP
ajfa-4160	107	11	the	the	DET
ajfa-4160	107	12	warrants	warrant	NOUN
ajfa-4160	107	13	value	value	NOUN
ajfa-4160	107	14	in	in	ADP
ajfa-4160	107	15	the	the	DET
ajfa-4160	107	16	preferred	preferred	ADJ
ajfa-4160	107	17	model	model	NOUN
ajfa-4160	107	18	of	of	ADP
ajfa-4160	107	19	galai	galai	NOUN
ajfa-4160	107	20	and	and	CCONJ
ajfa-4160	107	21	schneller	schneller	NOUN
ajfa-4160	107	22	(	(	PUNCT
ajfa-4160	107	23	1978	1978	NUM
ajfa-4160	107	24	)	)	PUNCT
ajfa-4160	107	25	and	and	CCONJ
ajfa-4160	107	26	merton	merton	X
ajfa-4160	107	27	(	(	PUNCT
ajfa-4160	107	28	1973	1973	NUM
ajfa-4160	107	29	)	)	PUNCT
ajfa-4160	107	30	,	,	PUNCT
ajfa-4160	107	31	which	which	PRON
ajfa-4160	107	32	provides	provide	VERB
ajfa-4160	107	33	the	the	DET
ajfa-4160	107	34	lowest	low	ADJ
ajfa-4160	107	35	estimates	estimate	NOUN
ajfa-4160	107	36	of	of	ADP
ajfa-4160	107	37	the	the	DET
ajfa-4160	107	38	warrants	warrant	NOUN
ajfa-4160	107	39	’	'	PUNCT
ajfa-4160	107	40	value	value	NOUN
ajfa-4160	107	41	,	,	PUNCT
ajfa-4160	107	42	in	in	ADP
ajfa-4160	107	43	table	table	NOUN
ajfa-4160	107	44	2	2	NUM
ajfa-4160	107	45	are	be	AUX
ajfa-4160	107	46	$	$	SYM
ajfa-4160	107	47	1.5	1.5	NUM
ajfa-4160	107	48	million	million	NUM
ajfa-4160	107	49	and	and	CCONJ
ajfa-4160	107	50	$	$	SYM
ajfa-4160	107	51	6.9	6.9	NUM
ajfa-4160	107	52	million	million	NUM
ajfa-4160	107	53	,	,	PUNCT
ajfa-4160	107	54	respectively	respectively	ADV
ajfa-4160	107	55	.	.	PUNCT
ajfa-4160	108	1	therefore	therefore	ADV
ajfa-4160	108	2	,	,	PUNCT
ajfa-4160	108	3	the	the	DET
ajfa-4160	108	4	first	first	ADJ
ajfa-4160	108	5	negotiated	negotiate	VERB
ajfa-4160	108	6	repurchase	repurchase	NOUN
ajfa-4160	108	7	of	of	ADP
ajfa-4160	108	8	the	the	DET
ajfa-4160	108	9	cpp	cpp	PROPN
ajfa-4160	108	10	warrants	warrant	NOUN
ajfa-4160	108	11	should	should	AUX
ajfa-4160	108	12	worry	worry	VERB
ajfa-4160	108	13	taxpayers	taxpayer	NOUN
ajfa-4160	108	14	.	.	PUNCT
ajfa-4160	109	1	the	the	DET
ajfa-4160	109	2	u.s	u.s	PROPN
ajfa-4160	109	3	.	.	PROPN
ajfa-4160	109	4	treasury	treasury	PROPN
ajfa-4160	109	5	negotiated	negotiate	VERB
ajfa-4160	109	6	a	a	DET
ajfa-4160	109	7	price	price	NOUN
ajfa-4160	109	8	below	below	ADP
ajfa-4160	109	9	what	what	PRON
ajfa-4160	109	10	could	could	AUX
ajfa-4160	109	11	be	be	AUX
ajfa-4160	109	12	considered	consider	VERB
ajfa-4160	109	13	fair	fair	ADJ
ajfa-4160	109	14	market	market	NOUN
ajfa-4160	109	15	value	value	NOUN
ajfa-4160	109	16	.	.	PUNCT
ajfa-4160	110	1	u.s	u.s	PROPN
ajfa-4160	110	2	.	.	PROPN
ajfa-4160	110	3	taxpayers	taxpayer	NOUN
ajfa-4160	110	4	do	do	AUX
ajfa-4160	110	5	not	not	PART
ajfa-4160	110	6	appear	appear	VERB
ajfa-4160	110	7	to	to	PART
ajfa-4160	110	8	be	be	AUX
ajfa-4160	110	9	receiving	receive	VERB
ajfa-4160	110	10	fair	fair	ADJ
ajfa-4160	110	11	market	market	NOUN
ajfa-4160	110	12	value	value	NOUN
ajfa-4160	110	13	for	for	ADP
ajfa-4160	110	14	the	the	DET
ajfa-4160	110	15	risky	risky	ADJ
ajfa-4160	110	16	securities	security	NOUN
ajfa-4160	110	17	that	that	PRON
ajfa-4160	110	18	they	they	PRON
ajfa-4160	110	19	purchased	purchase	VERB
ajfa-4160	110	20	.	.	PUNCT
ajfa-4160	111	1	policy	policy	NOUN
ajfa-4160	111	2	makers	maker	NOUN
ajfa-4160	111	3	should	should	AUX
ajfa-4160	111	4	be	be	AUX
ajfa-4160	111	5	troubled	trouble	VERB
ajfa-4160	111	6	because	because	SCONJ
ajfa-4160	111	7	wilson	wilson	PROPN
ajfa-4160	111	8	(	(	PUNCT
ajfa-4160	111	9	2009	2009	NUM
ajfa-4160	111	10	)	)	PUNCT
ajfa-4160	111	11	estimates	estimate	VERB
ajfa-4160	111	12	that	that	SCONJ
ajfa-4160	111	13	the	the	DET
ajfa-4160	111	14	cpp	cpp	PROPN
ajfa-4160	111	15	warrants	warrant	NOUN
ajfa-4160	111	16	could	could	AUX
ajfa-4160	111	17	be	be	AUX
ajfa-4160	111	18	worth	worth	ADJ
ajfa-4160	111	19	between	between	ADP
ajfa-4160	111	20	$	$	SYM
ajfa-4160	111	21	5	5	NUM
ajfa-4160	111	22	billion	billion	NUM
ajfa-4160	111	23	and	and	CCONJ
ajfa-4160	111	24	$	$	SYM
ajfa-4160	111	25	24	24	NUM
ajfa-4160	111	26	billion	billion	NUM
ajfa-4160	111	27	based	base	VERB
ajfa-4160	111	28	on	on	ADP
ajfa-4160	111	29	may	may	PROPN
ajfa-4160	111	30	1	1	NUM
ajfa-4160	111	31	,	,	PUNCT
ajfa-4160	111	32	2009	2009	NUM
ajfa-4160	111	33	,	,	PUNCT
ajfa-4160	111	34	closing	closing	NOUN
ajfa-4160	111	35	prices	price	NOUN
ajfa-4160	111	36	.	.	PUNCT
ajfa-4160	112	1	it	it	PRON
ajfa-4160	112	2	could	could	AUX
ajfa-4160	112	3	mean	mean	VERB
ajfa-4160	112	4	billions	billion	NOUN
ajfa-4160	112	5	of	of	ADP
ajfa-4160	112	6	dollars	dollar	NOUN
ajfa-4160	112	7	in	in	ADP
ajfa-4160	112	8	lost	lose	VERB
ajfa-4160	112	9	revenue	revenue	NOUN
ajfa-4160	112	10	if	if	SCONJ
ajfa-4160	112	11	the	the	DET
ajfa-4160	112	12	u.s	u.s	PROPN
ajfa-4160	112	13	.	.	PROPN
ajfa-4160	112	14	treasury	treasury	PROPN
ajfa-4160	112	15	continually	continually	ADV
ajfa-4160	112	16	negotiates	negotiate	VERB
ajfa-4160	112	17	deals	deal	NOUN
ajfa-4160	112	18	at	at	ADP
ajfa-4160	112	19	the	the	DET
ajfa-4160	112	20	low	low	ADJ
ajfa-4160	112	21	-	-	PUNCT
ajfa-4160	112	22	end	end	NOUN
ajfa-4160	112	23	of	of	ADP
ajfa-4160	112	24	or	or	CCONJ
ajfa-4160	112	25	below	below	ADP
ajfa-4160	112	26	fair	fair	ADJ
ajfa-4160	112	27	market	market	NOUN
ajfa-4160	112	28	value	value	NOUN
ajfa-4160	112	29	.	.	PUNCT
ajfa-4160	113	1	further	far	ADV
ajfa-4160	113	2	,	,	PUNCT
ajfa-4160	113	3	if	if	SCONJ
ajfa-4160	113	4	the	the	DET
ajfa-4160	113	5	u.s	u.s	PROPN
ajfa-4160	113	6	.	.	PROPN
ajfa-4160	113	7	treasury	treasury	PROPN
ajfa-4160	113	8	agrees	agree	VERB
ajfa-4160	113	9	to	to	PART
ajfa-4160	113	10	sell	sell	VERB
ajfa-4160	113	11	the	the	DET
ajfa-4160	113	12	cpp	cpp	PROPN
ajfa-4160	113	13	warrants	warrant	NOUN
ajfa-4160	113	14	below	below	ADP
ajfa-4160	113	15	fair	fair	ADJ
ajfa-4160	113	16	market	market	NOUN
ajfa-4160	113	17	value	value	NOUN
ajfa-4160	113	18	,	,	PUNCT
ajfa-4160	113	19	then	then	ADV
ajfa-4160	113	20	the	the	DET
ajfa-4160	113	21	estimates	estimate	NOUN
ajfa-4160	113	22	of	of	ADP
ajfa-4160	113	23	the	the	DET
ajfa-4160	113	24	subsidies	subsidy	NOUN
ajfa-4160	113	25	involved	involve	VERB
ajfa-4160	113	26	in	in	ADP
ajfa-4160	113	27	the	the	DET
ajfa-4160	113	28	cpp	cpp	NOUN
ajfa-4160	113	29	investments	investment	NOUN
ajfa-4160	113	30	by	by	ADP
ajfa-4160	113	31	the	the	DET
ajfa-4160	113	32	congressional	congressional	ADJ
ajfa-4160	113	33	budget	budget	NOUN
ajfa-4160	113	34	office	office	NOUN
ajfa-4160	113	35	(	(	PUNCT
ajfa-4160	113	36	2009	2009	NUM
ajfa-4160	113	37	)	)	PUNCT
ajfa-4160	113	38	and	and	CCONJ
ajfa-4160	113	39	the	the	DET
ajfa-4160	113	40	congressional	congressional	ADJ
ajfa-4160	113	41	oversight	oversight	NOUN
ajfa-4160	113	42	panel	panel	NOUN
ajfa-4160	113	43	(	(	PUNCT
ajfa-4160	113	44	2009	2009	NUM
ajfa-4160	113	45	)	)	PUNCT
ajfa-4160	113	46	may	may	AUX
ajfa-4160	113	47	be	be	AUX
ajfa-4160	113	48	significantly	significantly	ADV
ajfa-4160	113	49	underestimated	underestimate	VERB
ajfa-4160	113	50	.	.	PUNCT
ajfa-4160	114	1	in	in	ADP
ajfa-4160	114	2	other	other	ADJ
ajfa-4160	114	3	words	word	NOUN
ajfa-4160	114	4	,	,	PUNCT
ajfa-4160	114	5	the	the	DET
ajfa-4160	114	6	estimated	estimate	VERB
ajfa-4160	114	7	paper	paper	NOUN
ajfa-4160	114	8	losses	loss	NOUN
ajfa-4160	114	9	in	in	ADP
ajfa-4160	114	10	congressional	congressional	ADJ
ajfa-4160	114	11	budget	budget	NOUN
ajfa-4160	114	12	office	office	NOUN
ajfa-4160	114	13	(	(	PUNCT
ajfa-4160	114	14	2009	2009	NUM
ajfa-4160	114	15	)	)	PUNCT
ajfa-4160	114	16	and	and	CCONJ
ajfa-4160	114	17	the	the	DET
ajfa-4160	114	18	congressional	congressional	ADJ
ajfa-4160	114	19	oversight	oversight	NOUN
ajfa-4160	114	20	panel	panel	NOUN
ajfa-4160	114	21	(	(	PUNCT
ajfa-4160	114	22	2009	2009	NUM
ajfa-4160	114	23	)	)	PUNCT
ajfa-4160	114	24	reports	report	NOUN
ajfa-4160	114	25	may	may	AUX
ajfa-4160	114	26	turn	turn	VERB
ajfa-4160	114	27	out	out	ADP
ajfa-4160	114	28	to	to	PART
ajfa-4160	114	29	be	be	AUX
ajfa-4160	114	30	much	much	ADV
ajfa-4160	114	31	larger	large	ADJ
ajfa-4160	114	32	when	when	SCONJ
ajfa-4160	114	33	they	they	PRON
ajfa-4160	114	34	are	be	AUX
ajfa-4160	114	35	locked	lock	VERB
ajfa-4160	114	36	in	in	ADP
ajfa-4160	114	37	by	by	ADP
ajfa-4160	114	38	poor	poor	ADJ
ajfa-4160	114	39	negotiations	negotiation	NOUN
ajfa-4160	114	40	by	by	ADP
ajfa-4160	114	41	the	the	DET
ajfa-4160	114	42	u.s	u.s	PROPN
ajfa-4160	114	43	.	.	PROPN
ajfa-4160	114	44	treasury	treasury	PROPN
ajfa-4160	114	45	.	.	PUNCT
ajfa-4160	115	1	many	many	ADJ
ajfa-4160	115	2	readers	reader	NOUN
ajfa-4160	115	3	will	will	AUX
ajfa-4160	115	4	not	not	PART
ajfa-4160	115	5	be	be	AUX
ajfa-4160	115	6	surprised	surprise	VERB
ajfa-4160	115	7	by	by	ADP
ajfa-4160	115	8	this	this	DET
ajfa-4160	115	9	result	result	NOUN
ajfa-4160	115	10	.	.	PUNCT
ajfa-4160	116	1	u.s	u.s	PROPN
ajfa-4160	116	2	.	.	PROPN
ajfa-4160	116	3	treasury	treasury	PROPN
ajfa-4160	116	4	officials	official	NOUN
ajfa-4160	116	5	’	'	PUNCT
ajfa-4160	116	6	incentives	incentive	NOUN
ajfa-4160	116	7	are	be	AUX
ajfa-4160	116	8	not	not	PART
ajfa-4160	116	9	as	as	ADV
ajfa-4160	116	10	well	well	ADV
ajfa-4160	116	11	aligned	align	VERB
ajfa-4160	116	12	with	with	ADP
ajfa-4160	116	13	the	the	DET
ajfa-4160	116	14	interests	interest	NOUN
ajfa-4160	116	15	of	of	ADP
ajfa-4160	116	16	taxpayers	taxpayer	NOUN
ajfa-4160	116	17	as	as	ADP
ajfa-4160	116	18	bank	bank	NOUN
ajfa-4160	116	19	managers	manager	NOUN
ajfa-4160	116	20	’	’	PART
ajfa-4160	116	21	incentives	incentive	NOUN
ajfa-4160	116	22	are	be	AUX
ajfa-4160	116	23	aligned	align	VERB
ajfa-4160	116	24	with	with	ADP
ajfa-4160	116	25	the	the	DET
ajfa-4160	116	26	interests	interest	NOUN
ajfa-4160	116	27	of	of	ADP
ajfa-4160	116	28	their	their	PRON
ajfa-4160	116	29	shareholders	shareholder	NOUN
ajfa-4160	116	30	.	.	PUNCT
ajfa-4160	117	1	for	for	ADP
ajfa-4160	117	2	this	this	DET
ajfa-4160	117	3	reason	reason	NOUN
ajfa-4160	117	4	,	,	PUNCT
ajfa-4160	117	5	we	we	PRON
ajfa-4160	117	6	should	should	AUX
ajfa-4160	117	7	probably	probably	ADV
ajfa-4160	117	8	continue	continue	VERB
ajfa-4160	117	9	to	to	PART
ajfa-4160	117	10	expect	expect	VERB
ajfa-4160	117	11	the	the	DET
ajfa-4160	117	12	asian	asian	ADJ
ajfa-4160	117	13	journal	journal	NOUN
ajfa-4160	117	14	of	of	ADP
ajfa-4160	117	15	finance	finance	PROPN
ajfa-4160	117	16	&	&	CCONJ
ajfa-4160	117	17	accounting	accounting	PROPN
ajfa-4160	117	18	issn	issn	PROPN
ajfa-4160	117	19	1946	1946	NUM
ajfa-4160	117	20	-	-	PUNCT
ajfa-4160	117	21	052x	052x	PROPN
ajfa-4160	117	22	2014	2014	NUM
ajfa-4160	117	23	,	,	PUNCT
ajfa-4160	117	24	vol	vol	NOUN
ajfa-4160	117	25	.	.	PROPN
ajfa-4160	117	26	6	6	NUM
ajfa-4160	117	27	,	,	PUNCT
ajfa-4160	117	28	no	no	INTJ
ajfa-4160	117	29	.	.	NOUN
ajfa-4160	117	30	2	2	NUM
ajfa-4160	117	31	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4160	117	32	348	348	NUM
ajfa-4160	117	33	u.s	u.s	PROPN
ajfa-4160	117	34	.	.	PROPN
ajfa-4160	117	35	treasury	treasury	PROPN
ajfa-4160	117	36	to	to	PART
ajfa-4160	117	37	negotiate	negotiate	VERB
ajfa-4160	117	38	a	a	DET
ajfa-4160	117	39	price	price	NOUN
ajfa-4160	117	40	that	that	PRON
ajfa-4160	117	41	is	be	AUX
ajfa-4160	117	42	below	below	ADP
ajfa-4160	117	43	or	or	CCONJ
ajfa-4160	117	44	on	on	ADP
ajfa-4160	117	45	the	the	DET
ajfa-4160	117	46	low	low	ADJ
ajfa-4160	117	47	-	-	PUNCT
ajfa-4160	117	48	end	end	NOUN
ajfa-4160	117	49	of	of	ADP
ajfa-4160	117	50	the	the	DET
ajfa-4160	117	51	fair	fair	ADJ
ajfa-4160	117	52	market	market	NOUN
ajfa-4160	117	53	value	value	NOUN
ajfa-4160	117	54	of	of	ADP
ajfa-4160	117	55	the	the	DET
ajfa-4160	117	56	cpp	cpp	PROPN
ajfa-4160	117	57	warrants	warrant	NOUN
ajfa-4160	117	58	.	.	PUNCT
ajfa-4160	118	1	without	without	ADP
ajfa-4160	118	2	a	a	DET
ajfa-4160	118	3	major	major	ADJ
ajfa-4160	118	4	change	change	NOUN
ajfa-4160	118	5	in	in	ADP
ajfa-4160	118	6	the	the	DET
ajfa-4160	118	7	structure	structure	NOUN
ajfa-4160	118	8	of	of	ADP
ajfa-4160	118	9	compensation	compensation	NOUN
ajfa-4160	118	10	in	in	ADP
ajfa-4160	118	11	the	the	DET
ajfa-4160	118	12	federal	federal	ADJ
ajfa-4160	118	13	bureaucracy	bureaucracy	NOUN
ajfa-4160	118	14	,	,	PUNCT
ajfa-4160	118	15	which	which	PRON
ajfa-4160	118	16	seems	seem	VERB
ajfa-4160	118	17	nearly	nearly	ADV
ajfa-4160	118	18	impossible	impossible	ADJ
ajfa-4160	118	19	,	,	PUNCT
ajfa-4160	118	20	the	the	DET
ajfa-4160	118	21	best	good	ADJ
ajfa-4160	118	22	hope	hope	NOUN
ajfa-4160	118	23	for	for	ADP
ajfa-4160	118	24	taxpayers	taxpayer	NOUN
ajfa-4160	118	25	is	be	AUX
ajfa-4160	118	26	to	to	PART
ajfa-4160	118	27	sell	sell	VERB
ajfa-4160	118	28	the	the	DET
ajfa-4160	118	29	warrants	warrant	NOUN
ajfa-4160	118	30	to	to	ADP
ajfa-4160	118	31	third	third	ADJ
ajfa-4160	118	32	party	party	NOUN
ajfa-4160	118	33	investors	investor	NOUN
ajfa-4160	118	34	.	.	PUNCT
ajfa-4160	119	1	third	third	ADJ
ajfa-4160	119	2	party	party	NOUN
ajfa-4160	119	3	investors	investor	NOUN
ajfa-4160	119	4	competing	compete	VERB
ajfa-4160	119	5	against	against	ADP
ajfa-4160	119	6	each	each	DET
ajfa-4160	119	7	other	other	ADJ
ajfa-4160	119	8	will	will	AUX
ajfa-4160	119	9	get	get	VERB
ajfa-4160	119	10	the	the	DET
ajfa-4160	119	11	best	good	ADJ
ajfa-4160	119	12	price	price	NOUN
ajfa-4160	119	13	for	for	ADP
ajfa-4160	119	14	the	the	DET
ajfa-4160	119	15	u.s	u.s	PROPN
ajfa-4160	119	16	.	.	PROPN
ajfa-4160	119	17	taxpayer	taxpayer	PROPN
ajfa-4160	119	18	.	.	PUNCT
ajfa-4160	120	1	the	the	DET
ajfa-4160	120	2	u.s	u.s	PROPN
ajfa-4160	120	3	.	.	PROPN
ajfa-4160	120	4	treasury	treasury	PROPN
ajfa-4160	120	5	is	be	AUX
ajfa-4160	120	6	comfortable	comfortable	ADJ
ajfa-4160	120	7	marketing	marketing	NOUN
ajfa-4160	120	8	the	the	DET
ajfa-4160	120	9	u.s	u.s	PROPN
ajfa-4160	120	10	.	.	PROPN
ajfa-4160	120	11	national	national	ADJ
ajfa-4160	120	12	debt	debt	NOUN
ajfa-4160	120	13	to	to	ADP
ajfa-4160	120	14	investors	investor	NOUN
ajfa-4160	120	15	all	all	ADV
ajfa-4160	120	16	over	over	ADP
ajfa-4160	120	17	the	the	DET
ajfa-4160	120	18	world	world	NOUN
ajfa-4160	120	19	.	.	PUNCT
ajfa-4160	121	1	whenever	whenever	SCONJ
ajfa-4160	121	2	possible	possible	ADJ
ajfa-4160	121	3	,	,	PUNCT
ajfa-4160	121	4	it	it	PRON
ajfa-4160	121	5	should	should	AUX
ajfa-4160	121	6	seriously	seriously	ADV
ajfa-4160	121	7	consider	consider	VERB
ajfa-4160	121	8	doing	do	VERB
ajfa-4160	121	9	the	the	DET
ajfa-4160	121	10	same	same	ADJ
ajfa-4160	121	11	with	with	ADP
ajfa-4160	121	12	the	the	DET
ajfa-4160	121	13	cpp	cpp	PROPN
ajfa-4160	121	14	warrants	warrant	NOUN
ajfa-4160	121	15	even	even	ADV
ajfa-4160	121	16	if	if	SCONJ
ajfa-4160	121	17	this	this	PRON
ajfa-4160	121	18	means	mean	VERB
ajfa-4160	121	19	hiring	hire	VERB
ajfa-4160	121	20	an	an	DET
ajfa-4160	121	21	independent	independent	ADJ
ajfa-4160	121	22	brokerage	brokerage	NOUN
ajfa-4160	121	23	firm	firm	NOUN
ajfa-4160	121	24	,	,	PUNCT
ajfa-4160	121	25	asset	asset	NOUN
ajfa-4160	121	26	manager	manager	NOUN
ajfa-4160	121	27	,	,	PUNCT
ajfa-4160	121	28	or	or	CCONJ
ajfa-4160	121	29	investment	investment	NOUN
ajfa-4160	121	30	bank	bank	NOUN
ajfa-4160	121	31	to	to	PART
ajfa-4160	121	32	market	market	VERB
ajfa-4160	121	33	these	these	DET
ajfa-4160	121	34	securities	security	NOUN
ajfa-4160	121	35	.	.	PUNCT
ajfa-4160	122	1	references	reference	NOUN
ajfa-4160	122	2	black	black	PROPN
ajfa-4160	122	3	,	,	PUNCT
ajfa-4160	122	4	f.	f.	PROPN
ajfa-4160	122	5	,	,	PUNCT
ajfa-4160	122	6	&	&	CCONJ
ajfa-4160	122	7	scholes	scholes	PROPN
ajfa-4160	122	8	,	,	PUNCT
ajfa-4160	122	9	m.	m.	NOUN
ajfa-4160	122	10	(	(	PUNCT
ajfa-4160	122	11	1973	1973	NUM
ajfa-4160	122	12	)	)	PUNCT
ajfa-4160	122	13	.	.	PUNCT
ajfa-4160	123	1	the	the	DET
ajfa-4160	123	2	pricing	pricing	NOUN
ajfa-4160	123	3	of	of	ADP
ajfa-4160	123	4	options	option	NOUN
ajfa-4160	123	5	and	and	CCONJ
ajfa-4160	123	6	corporate	corporate	ADJ
ajfa-4160	123	7	liabilities	liability	NOUN
ajfa-4160	123	8	.	.	PUNCT
ajfa-4160	124	1	journal	journal	NOUN
ajfa-4160	124	2	of	of	ADP
ajfa-4160	124	3	political	political	ADJ
ajfa-4160	124	4	economy	economy	NOUN
ajfa-4160	124	5	,	,	PUNCT
ajfa-4160	124	6	81	81	NUM
ajfa-4160	124	7	,	,	PUNCT
ajfa-4160	124	8	637–654	637–654	NUM
ajfa-4160	124	9	.	.	PUNCT
ajfa-4160	125	1	http://dx.doi.org/10.1086/260062	http://dx.doi.org/10.1086/260062	PROPN
ajfa-4160	125	2	congressional	congressional	ADJ
ajfa-4160	125	3	budget	budget	NOUN
ajfa-4160	125	4	office	office	NOUN
ajfa-4160	125	5	.	.	PUNCT
ajfa-4160	126	1	(	(	PUNCT
ajfa-4160	126	2	2009	2009	NUM
ajfa-4160	126	3	)	)	PUNCT
ajfa-4160	126	4	.	.	PUNCT
ajfa-4160	127	1	the	the	DET
ajfa-4160	127	2	troubled	troubled	ADJ
ajfa-4160	127	3	asset	asset	NOUN
ajfa-4160	127	4	relief	relief	NOUN
ajfa-4160	127	5	program	program	NOUN
ajfa-4160	127	6	:	:	PUNCT
ajfa-4160	127	7	report	report	NOUN
ajfa-4160	127	8	on	on	ADP
ajfa-4160	127	9	transactions	transaction	NOUN
ajfa-4160	127	10	through	through	ADP
ajfa-4160	127	11	december	december	PROPN
ajfa-4160	127	12	31	31	NUM
ajfa-4160	127	13	,	,	PUNCT
ajfa-4160	127	14	2008	2008	NUM
ajfa-4160	127	15	.	.	PUNCT
ajfa-4160	128	1	accessed	access	VERB
ajfa-4160	128	2	online	online	ADV
ajfa-4160	128	3	on	on	ADP
ajfa-4160	128	4	may	may	PROPN
ajfa-4160	128	5	6	6	NUM
ajfa-4160	128	6	,	,	PUNCT
ajfa-4160	128	7	2009	2009	NUM
ajfa-4160	128	8	at	at	ADP
ajfa-4160	128	9	http://www.subsidyscope.com/projects/bailout/documents/15/.	http://www.subsidyscope.com/projects/bailout/documents/15/.	PROPN
ajfa-4160	128	10	congressional	congressional	ADJ
ajfa-4160	128	11	oversight	oversight	NOUN
ajfa-4160	128	12	panel	panel	NOUN
ajfa-4160	128	13	.	.	PUNCT
ajfa-4160	129	1	(	(	PUNCT
ajfa-4160	129	2	2009	2009	NUM
ajfa-4160	129	3	)	)	PUNCT
ajfa-4160	129	4	.	.	PUNCT
ajfa-4160	130	1	february	february	PROPN
ajfa-4160	130	2	6	6	NUM
ajfa-4160	130	3	,	,	PUNCT
ajfa-4160	130	4	2009	2009	NUM
ajfa-4160	130	5	,	,	PUNCT
ajfa-4160	130	6	february	february	PROPN
ajfa-4160	130	7	oversight	oversight	NOUN
ajfa-4160	130	8	report	report	NOUN
ajfa-4160	130	9	:	:	PUNCT
ajfa-4160	130	10	valuing	value	VERB
ajfa-4160	130	11	treasury	treasury	NOUN
ajfa-4160	130	12	’s	’s	PART
ajfa-4160	130	13	acquisitions	acquisition	NOUN
ajfa-4160	130	14	.	.	PUNCT
ajfa-4160	131	1	accessed	access	VERB
ajfa-4160	131	2	online	online	ADV
ajfa-4160	131	3	on	on	ADP
ajfa-4160	131	4	may	may	PROPN
ajfa-4160	131	5	5	5	NUM
ajfa-4160	131	6	,	,	PUNCT
ajfa-4160	131	7	2009	2009	NUM
ajfa-4160	131	8	,	,	PUNCT
ajfa-4160	131	9	at	at	ADP
ajfa-4160	131	10	http://cop.senate.gov/reports/library/report-020609-cop.cfm	http://cop.senate.gov/reports/library/report-020609-cop.cfm	PROPN
ajfa-4160	131	11	.	.	PUNCT
ajfa-4160	132	1	galai	galai	PROPN
ajfa-4160	132	2	,	,	PUNCT
ajfa-4160	132	3	d.	d.	PROPN
ajfa-4160	132	4	,	,	PUNCT
ajfa-4160	132	5	&	&	CCONJ
ajfa-4160	132	6	schneller	schneller	PROPN
ajfa-4160	132	7	,	,	PUNCT
ajfa-4160	132	8	m.	m.	NOUN
ajfa-4160	132	9	i.	i.	PROPN
ajfa-4160	132	10	(	(	PUNCT
ajfa-4160	132	11	1978	1978	NUM
ajfa-4160	132	12	)	)	PUNCT
ajfa-4160	132	13	.	.	PUNCT
ajfa-4160	133	1	pricing	pricing	NOUN
ajfa-4160	133	2	of	of	ADP
ajfa-4160	133	3	warrants	warrant	NOUN
ajfa-4160	133	4	and	and	CCONJ
ajfa-4160	133	5	the	the	DET
ajfa-4160	133	6	valuation	valuation	NOUN
ajfa-4160	133	7	of	of	ADP
ajfa-4160	133	8	the	the	DET
ajfa-4160	133	9	firm	firm	NOUN
ajfa-4160	133	10	.	.	PUNCT
ajfa-4160	134	1	journal	journal	PROPN
ajfa-4160	134	2	of	of	ADP
ajfa-4160	134	3	finance	finance	NOUN
ajfa-4160	134	4	,	,	PUNCT
ajfa-4160	134	5	33	33	NUM
ajfa-4160	134	6	,	,	PUNCT
ajfa-4160	134	7	1333	1333	NUM
ajfa-4160	134	8	-	-	SYM
ajfa-4160	134	9	1342	1342	NUM
ajfa-4160	134	10	.	.	PUNCT
ajfa-4160	135	1	http://dx.doi.org/10.1111/j.1540-6261.1978.tb03423.x	http://dx.doi.org/10.1111/j.1540-6261.1978.tb03423.x	PROPN
ajfa-4160	135	2	hull	hull	PROPN
ajfa-4160	135	3	,	,	PUNCT
ajfa-4160	135	4	j.	j.	PROPN
ajfa-4160	135	5	(	(	PUNCT
ajfa-4160	135	6	2003	2003	NUM
ajfa-4160	135	7	)	)	PUNCT
ajfa-4160	135	8	.	.	PUNCT
ajfa-4160	136	1	options	option	NOUN
ajfa-4160	136	2	,	,	PUNCT
ajfa-4160	136	3	futures	future	NOUN
ajfa-4160	136	4	and	and	CCONJ
ajfa-4160	136	5	other	other	ADJ
ajfa-4160	136	6	derivatives	derivative	NOUN
ajfa-4160	136	7	.	.	PUNCT
ajfa-4160	137	1	5th	5th	ADJ
ajfa-4160	137	2	ed	ed	NOUN
ajfa-4160	137	3	.	.	PUNCT
ajfa-4160	137	4	pearson	pearson	PROPN
ajfa-4160	137	5	hall	hall	PROPN
ajfa-4160	137	6	:	:	PUNCT
ajfa-4160	137	7	upper	upper	ADJ
ajfa-4160	137	8	saddle	saddle	NOUN
ajfa-4160	137	9	river	river	NOUN
ajfa-4160	137	10	,	,	PUNCT
ajfa-4160	137	11	new	new	PROPN
ajfa-4160	137	12	jersey	jersey	PROPN
ajfa-4160	137	13	.	.	PUNCT
ajfa-4160	138	1	sigtarp	sigtarp	ADJ
ajfa-4160	138	2	.	.	PUNCT
ajfa-4160	139	1	(	(	PUNCT
ajfa-4160	139	2	2009	2009	NUM
ajfa-4160	139	3	)	)	PUNCT
ajfa-4160	139	4	.	.	PUNCT
ajfa-4160	140	1	office	office	NOUN
ajfa-4160	140	2	of	of	ADP
ajfa-4160	140	3	the	the	DET
ajfa-4160	140	4	special	special	ADJ
ajfa-4160	140	5	inspector	inspector	NOUN
ajfa-4160	140	6	general	general	NOUN
ajfa-4160	140	7	for	for	ADP
ajfa-4160	140	8	the	the	DET
ajfa-4160	140	9	troubled	troubled	ADJ
ajfa-4160	140	10	asset	asset	NOUN
ajfa-4160	140	11	relief	relief	NOUN
ajfa-4160	140	12	program	program	NOUN
ajfa-4160	140	13	,	,	PUNCT
ajfa-4160	140	14	quarterly	quarterly	ADJ
ajfa-4160	140	15	report	report	NOUN
ajfa-4160	140	16	to	to	ADP
ajfa-4160	140	17	congress	congress	PROPN
ajfa-4160	140	18	:	:	PUNCT
ajfa-4160	140	19	april	april	PROPN
ajfa-4160	140	20	21	21	NUM
ajfa-4160	140	21	,	,	PUNCT
ajfa-4160	140	22	2009	2009	NUM
ajfa-4160	140	23	.	.	PUNCT
ajfa-4160	140	24	accessed	access	VERB
ajfa-4160	140	25	online	online	ADV
ajfa-4160	140	26	on	on	ADP
ajfa-4160	140	27	may	may	PROPN
ajfa-4160	140	28	5	5	NUM
ajfa-4160	140	29	,	,	PUNCT
ajfa-4160	140	30	2009	2009	NUM
ajfa-4160	140	31	,	,	PUNCT
ajfa-4160	140	32	at	at	ADP
ajfa-4160	140	33	http://www.sigtarp.gov/reports/congress/2009/april2009_quarterly_report_to_congress.pd	http://www.sigtarp.gov/reports/congress/2009/april2009_quarterly_report_to_congress.pd	PRON
ajfa-4160	140	34	.	.	PUNCT
ajfa-4160	141	1	wilson	wilson	PROPN
ajfa-4160	141	2	,	,	PUNCT
ajfa-4160	141	3	l.	l.	PROPN
ajfa-4160	141	4	(	(	PUNCT
ajfa-4160	141	5	2009	2009	NUM
ajfa-4160	141	6	)	)	PUNCT
ajfa-4160	141	7	.	.	PUNCT
ajfa-4160	142	1	the	the	DET
ajfa-4160	142	2	goldman	goldman	PROPN
ajfa-4160	142	3	sachs	sachs	PROPN
ajfa-4160	142	4	warrants	warrants	PROPN
ajfa-4160	142	5	.	.	PUNCT
ajfa-4160	143	1	review	review	NOUN
ajfa-4160	143	2	of	of	ADP
ajfa-4160	143	3	business	business	NOUN
ajfa-4160	143	4	,	,	PUNCT
ajfa-4160	143	5	30	30	NUM
ajfa-4160	143	6	,	,	PUNCT
ajfa-4160	143	7	4	4	NUM
ajfa-4160	143	8	-	-	SYM
ajfa-4160	143	9	32	32	NUM
ajfa-4160	143	10	.	.	PUNCT
ajfa-4160	144	1	asian	asian	ADJ
ajfa-4160	144	2	journal	journal	PROPN
ajfa-4160	144	3	of	of	ADP
ajfa-4160	144	4	finance	finance	PROPN
ajfa-4160	144	5	&	&	CCONJ
ajfa-4160	144	6	accounting	accounting	PROPN
ajfa-4160	144	7	issn	issn	PROPN
ajfa-4160	144	8	1946	1946	NUM
ajfa-4160	144	9	-	-	PUNCT
ajfa-4160	144	10	052x	052x	PROPN
ajfa-4160	144	11	2014	2014	NUM
ajfa-4160	144	12	,	,	PUNCT
ajfa-4160	144	13	vol	vol	NOUN
ajfa-4160	144	14	.	.	PROPN
ajfa-4160	145	1	6	6	NUM
ajfa-4160	145	2	,	,	PUNCT
ajfa-4160	145	3	no	no	INTJ
ajfa-4160	145	4	.	.	NOUN
ajfa-4160	145	5	2	2	NUM
ajfa-4160	145	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4160	145	7	349	349	NUM
ajfa-4160	145	8	table	table	NOUN
ajfa-4160	145	9	1	1	NUM
ajfa-4160	145	10	.	.	PUNCT
ajfa-4160	146	1	summary	summary	NOUN
ajfa-4160	146	2	statistics	statistic	NOUN
ajfa-4160	146	3	for	for	ADP
ajfa-4160	146	4	old	old	ADJ
ajfa-4160	146	5	national	national	PROPN
ajfa-4160	146	6	bank	bank	PROPN
ajfa-4160	146	7	corp	corp	PROPN
ajfa-4160	146	8	on	on	ADP
ajfa-4160	146	9	may	may	PROPN
ajfa-4160	146	10	8	8	NUM
ajfa-4160	146	11	,	,	PUNCT
ajfa-4160	146	12	2009	2009	NUM
ajfa-4160	146	13	shares	share	NOUN
ajfa-4160	146	14	oustanding	oustanding	NOUN
ajfa-4160	146	15	(	(	PUNCT
ajfa-4160	146	16	millions	million	NOUN
ajfa-4160	146	17	)	)	PUNCT
ajfa-4160	146	18	66.41	66.41	NUM
ajfa-4160	146	19	cpp	cpp	NOUN
ajfa-4160	146	20	strike	strike	NOUN
ajfa-4160	146	21	price	price	NOUN
ajfa-4160	146	22	$	$	SYM
ajfa-4160	146	23	18.45	18.45	NUM
ajfa-4160	146	24	new	new	ADJ
ajfa-4160	146	25	shares	share	NOUN
ajfa-4160	146	26	after	after	ADP
ajfa-4160	146	27	exercise	exercise	NOUN
ajfa-4160	146	28	(	(	PUNCT
ajfa-4160	146	29	millions	million	NOUN
ajfa-4160	146	30	)	)	PUNCT
ajfa-4160	146	31	0.81	0.81	NUM
ajfa-4160	146	32	closing	closing	NOUN
ajfa-4160	146	33	share	share	NOUN
ajfa-4160	146	34	price	price	NOUN
ajfa-4160	146	35	$	$	SYM
ajfa-4160	146	36	14.70	14.70	NUM
ajfa-4160	146	37	total	total	ADJ
ajfa-4160	146	38	shares	share	NOUN
ajfa-4160	146	39	with	with	ADP
ajfa-4160	146	40	100	100	NUM
ajfa-4160	146	41	percent	percent	NOUN
ajfa-4160	146	42	warrant	warrant	NOUN
ajfa-4160	146	43	exercise	exercise	NOUN
ajfa-4160	146	44	(	(	PUNCT
ajfa-4160	146	45	millions	million	NOUN
ajfa-4160	146	46	)	)	PUNCT
ajfa-4160	146	47	67.22	67.22	NUM
ajfa-4160	146	48	maket	maket	NOUN
ajfa-4160	146	49	cap	cap	NOUN
ajfa-4160	146	50	(	(	PUNCT
ajfa-4160	146	51	millions	million	NOUN
ajfa-4160	146	52	)	)	PUNCT
ajfa-4160	146	53	$	$	SYM
ajfa-4160	146	54	976.23	976.23	NUM
ajfa-4160	146	55	shares	share	NOUN
ajfa-4160	146	56	outstanding	outstanding	ADJ
ajfa-4160	146	57	,	,	PUNCT
ajfa-4160	146	58	the	the	DET
ajfa-4160	146	59	closing	closing	NOUN
ajfa-4160	146	60	share	share	NOUN
ajfa-4160	146	61	price	price	NOUN
ajfa-4160	146	62	,	,	PUNCT
ajfa-4160	146	63	and	and	CCONJ
ajfa-4160	146	64	market	market	NOUN
ajfa-4160	146	65	capitalization	capitalization	NOUN
ajfa-4160	146	66	data	datum	NOUN
ajfa-4160	146	67	was	be	AUX
ajfa-4160	146	68	obtained	obtain	VERB
ajfa-4160	146	69	from	from	ADP
ajfa-4160	146	70	yahoo	yahoo	PROPN
ajfa-4160	146	71	!	!	PUNCT
ajfa-4160	146	72	finance	finance	NOUN
ajfa-4160	146	73	after	after	ADP
ajfa-4160	146	74	the	the	DET
ajfa-4160	146	75	close	close	NOUN
ajfa-4160	146	76	of	of	ADP
ajfa-4160	146	77	trading	trading	NOUN
ajfa-4160	146	78	on	on	ADP
ajfa-4160	146	79	may	may	PROPN
ajfa-4160	146	80	8	8	NUM
ajfa-4160	146	81	,	,	PUNCT
ajfa-4160	146	82	2009	2009	NUM
ajfa-4160	146	83	.	.	PUNCT
ajfa-4160	147	1	the	the	DET
ajfa-4160	147	2	cpp	cpp	PROPN
ajfa-4160	147	3	new	new	ADJ
ajfa-4160	147	4	shares	share	NOUN
ajfa-4160	147	5	after	after	ADP
ajfa-4160	147	6	exercise	exercise	NOUN
ajfa-4160	147	7	and	and	CCONJ
ajfa-4160	147	8	cpp	cpp	NOUN
ajfa-4160	147	9	strike	strike	NOUN
ajfa-4160	147	10	price	price	NOUN
ajfa-4160	147	11	are	be	AUX
ajfa-4160	147	12	taken	take	VERB
ajfa-4160	147	13	from	from	ADP
ajfa-4160	147	14	sigtarp	sigtarp	ADJ
ajfa-4160	147	15	(	(	PUNCT
ajfa-4160	147	16	2009	2009	NUM
ajfa-4160	147	17	,	,	PUNCT
ajfa-4160	147	18	p.	p.	NOUN
ajfa-4160	147	19	219	219	NUM
ajfa-4160	147	20	)	)	PUNCT
ajfa-4160	147	21	.	.	PUNCT
ajfa-4160	148	1	table	table	NOUN
ajfa-4160	148	2	2	2	NUM
ajfa-4160	148	3	.	.	PUNCT
ajfa-4160	148	4	valuation	valuation	NOUN
ajfa-4160	148	5	of	of	ADP
ajfa-4160	148	6	old	old	ADJ
ajfa-4160	148	7	national	national	ADJ
ajfa-4160	148	8	warrants	warrant	NOUN
ajfa-4160	148	9	on	on	ADP
ajfa-4160	148	10	may	may	PROPN
ajfa-4160	148	11	8	8	NUM
ajfa-4160	148	12	,	,	PUNCT
ajfa-4160	148	13	2009	2009	NUM
ajfa-4160	148	14	,	,	PUNCT
ajfa-4160	148	15	adjusting	adjust	VERB
ajfa-4160	148	16	for	for	ADP
ajfa-4160	148	17	dividends	dividend	NOUN
ajfa-4160	148	18	with	with	ADP
ajfa-4160	148	19	merton	merton	NOUN
ajfa-4160	148	20	(	(	PUNCT
ajfa-4160	148	21	1973	1973	NUM
ajfa-4160	148	22	)	)	PUNCT
ajfa-4160	148	23	and	and	CCONJ
ajfa-4160	148	24	dilution	dilution	NOUN
ajfa-4160	148	25	with	with	ADP
ajfa-4160	148	26	galai	galai	NOUN
ajfa-4160	148	27	and	and	CCONJ
ajfa-4160	148	28	schneller	schneller	NOUN
ajfa-4160	148	29	(	(	PUNCT
ajfa-4160	148	30	1978	1978	NUM
ajfa-4160	148	31	)	)	PUNCT
ajfa-4160	148	32	low	low	ADJ
ajfa-4160	148	33	middle	middle	ADJ
ajfa-4160	148	34	high	high	ADJ
ajfa-4160	148	35	volatility	volatility	NOUN
ajfa-4160	148	36	37.10	37.10	NUM
ajfa-4160	148	37	%	%	NOUN
ajfa-4160	148	38	59.72	59.72	NUM
ajfa-4160	148	39	%	%	NOUN
ajfa-4160	148	40	72.89	72.89	NUM
ajfa-4160	148	41	%	%	NOUN
ajfa-4160	148	42	dividend	dividend	NOUN
ajfa-4160	148	43	yield	yield	VERB
ajfa-4160	148	44	5.89	5.89	NUM
ajfa-4160	148	45	%	%	NOUN
ajfa-4160	148	46	3.93	3.93	NUM
ajfa-4160	148	47	%	%	NOUN
ajfa-4160	148	48	1.90	1.90	NUM
ajfa-4160	148	49	%	%	NOUN
ajfa-4160	148	50	probability	probability	NOUN
ajfa-4160	148	51	that	that	SCONJ
ajfa-4160	148	52	half	half	ADJ
ajfa-4160	148	53	warrants	warrant	NOUN
ajfa-4160	148	54	will	will	AUX
ajfa-4160	148	55	be	be	AUX
ajfa-4160	148	56	cancelled	cancel	VERB
ajfa-4160	148	57	50	50	NUM
ajfa-4160	148	58	%	%	NOUN
ajfa-4160	148	59	30	30	NUM
ajfa-4160	148	60	%	%	NOUN
ajfa-4160	148	61	10	10	NUM
ajfa-4160	148	62	%	%	NOUN
ajfa-4160	148	63	expected	expect	VERB
ajfa-4160	148	64	number	number	NOUN
ajfa-4160	148	65	of	of	ADP
ajfa-4160	148	66	warrants	warrant	NOUN
ajfa-4160	148	67	609,756	609,756	NUM
ajfa-4160	148	68	691,057	691,057	NUM
ajfa-4160	148	69	772,358	772,358	NUM
ajfa-4160	148	70	per	per	ADP
ajfa-4160	148	71	warrant	warrant	NOUN
ajfa-4160	148	72	value	value	NOUN
ajfa-4160	148	73	(	(	PUNCT
ajfa-4160	148	74	$	$	SYM
ajfa-4160	148	75	)	)	PUNCT
ajfa-4160	148	76	$	$	SYM
ajfa-4160	148	77	2.50	2.50	NUM
ajfa-4160	148	78	$	$	SYM
ajfa-4160	148	79	5.93	5.93	NUM
ajfa-4160	148	80	$	$	SYM
ajfa-4160	148	81	8.88	8.88	NUM
ajfa-4160	148	82	total	total	ADJ
ajfa-4160	148	83	value	value	NOUN
ajfa-4160	148	84	of	of	ADP
ajfa-4160	148	85	warrants	warrant	NOUN
ajfa-4160	148	86	(	(	PUNCT
ajfa-4160	148	87	$	$	SYM
ajfa-4160	148	88	millions	million	NOUN
ajfa-4160	148	89	)	)	PUNCT
ajfa-4160	148	90	$	$	SYM
ajfa-4160	148	91	1.52	1.52	NUM
ajfa-4160	148	92	$	$	SYM
ajfa-4160	148	93	4.09	4.09	NUM
ajfa-4160	148	94	$	$	SYM
ajfa-4160	148	95	6.86	6.86	NUM
ajfa-4160	148	96	the	the	DET
ajfa-4160	148	97	low	low	ADJ
ajfa-4160	148	98	-	-	PUNCT
ajfa-4160	148	99	end	end	NOUN
ajfa-4160	148	100	volatility	volatility	NOUN
ajfa-4160	148	101	is	be	AUX
ajfa-4160	148	102	the	the	DET
ajfa-4160	148	103	annualized	annualize	VERB
ajfa-4160	148	104	historic	historic	ADJ
ajfa-4160	148	105	volatility	volatility	NOUN
ajfa-4160	148	106	.	.	PUNCT
ajfa-4160	149	1	this	this	PRON
ajfa-4160	149	2	is	be	AUX
ajfa-4160	149	3	obtained	obtain	VERB
ajfa-4160	149	4	from	from	ADP
ajfa-4160	149	5	calculating	calculate	VERB
ajfa-4160	149	6	the	the	DET
ajfa-4160	149	7	daily	daily	ADJ
ajfa-4160	149	8	instantaneous	instantaneous	ADJ
ajfa-4160	149	9	returns	return	NOUN
ajfa-4160	149	10	from	from	ADP
ajfa-4160	149	11	january	january	PROPN
ajfa-4160	149	12	1	1	NUM
ajfa-4160	149	13	,	,	PUNCT
ajfa-4160	149	14	2009	2009	NUM
ajfa-4160	149	15	,	,	PUNCT
ajfa-4160	149	16	to	to	PART
ajfa-4160	149	17	may	may	PROPN
ajfa-4160	149	18	8	8	NUM
ajfa-4160	149	19	,	,	PUNCT
ajfa-4160	149	20	2009	2009	NUM
ajfa-4160	149	21	,	,	PUNCT
ajfa-4160	149	22	using	use	VERB
ajfa-4160	149	23	the	the	DET
ajfa-4160	149	24	procedure	procedure	NOUN
ajfa-4160	149	25	outlined	outline	VERB
ajfa-4160	149	26	in	in	ADP
ajfa-4160	149	27	hull	hull	NOUN
ajfa-4160	149	28	(	(	PUNCT
ajfa-4160	149	29	2003	2003	NUM
ajfa-4160	149	30	,	,	PUNCT
ajfa-4160	149	31	pp	pp	ADJ
ajfa-4160	149	32	.	.	PUNCT
ajfa-4160	150	1	238	238	NUM
ajfa-4160	150	2	-	-	SYM
ajfa-4160	150	3	241	241	NUM
ajfa-4160	150	4	)	)	PUNCT
ajfa-4160	150	5	and	and	CCONJ
ajfa-4160	150	6	wilson	wilson	PROPN
ajfa-4160	150	7	(	(	PUNCT
ajfa-4160	150	8	2009	2009	NUM
ajfa-4160	150	9	)	)	PUNCT
ajfa-4160	150	10	.	.	PUNCT
ajfa-4160	151	1	the	the	DET
ajfa-4160	151	2	high	high	ADJ
ajfa-4160	151	3	-	-	PUNCT
ajfa-4160	151	4	end	end	NOUN
ajfa-4160	151	5	volatility	volatility	NOUN
ajfa-4160	151	6	is	be	AUX
ajfa-4160	151	7	also	also	ADV
ajfa-4160	151	8	based	base	VERB
ajfa-4160	151	9	on	on	ADP
ajfa-4160	151	10	historic	historic	ADJ
ajfa-4160	151	11	volatility	volatility	NOUN
ajfa-4160	151	12	of	of	ADP
ajfa-4160	151	13	the	the	DET
ajfa-4160	151	14	stock	stock	NOUN
ajfa-4160	151	15	from	from	ADP
ajfa-4160	151	16	january	january	PROPN
ajfa-4160	151	17	1	1	NUM
ajfa-4160	151	18	,	,	PUNCT
ajfa-4160	151	19	2008	2008	NUM
ajfa-4160	151	20	,	,	PUNCT
ajfa-4160	151	21	to	to	PART
ajfa-4160	151	22	may	may	PROPN
ajfa-4160	151	23	8	8	NUM
ajfa-4160	151	24	,	,	PUNCT
ajfa-4160	151	25	2009	2009	NUM
ajfa-4160	151	26	.	.	PUNCT
ajfa-4160	152	1	the	the	DET
ajfa-4160	152	2	middle	middle	ADJ
ajfa-4160	152	3	volatility	volatility	NOUN
ajfa-4160	152	4	estimate	estimate	NOUN
ajfa-4160	152	5	is	be	AUX
ajfa-4160	152	6	based	base	VERB
ajfa-4160	152	7	on	on	ADP
ajfa-4160	152	8	the	the	DET
ajfa-4160	152	9	implied	imply	VERB
ajfa-4160	152	10	volatility	volatility	NOUN
ajfa-4160	152	11	of	of	ADP
ajfa-4160	152	12	the	the	DET
ajfa-4160	152	13	$	$	SYM
ajfa-4160	152	14	17.50	17.50	NUM
ajfa-4160	152	15	june	june	PROPN
ajfa-4160	152	16	2009	2009	NUM
ajfa-4160	152	17	call	call	NOUN
ajfa-4160	152	18	options	option	NOUN
ajfa-4160	152	19	traded	trade	VERB
ajfa-4160	152	20	on	on	ADP
ajfa-4160	152	21	may	may	PROPN
ajfa-4160	152	22	8	8	NUM
ajfa-4160	152	23	,	,	PUNCT
ajfa-4160	152	24	2009	2009	NUM
ajfa-4160	152	25	.	.	PUNCT
ajfa-4160	153	1	the	the	DET
ajfa-4160	153	2	middle	middle	ADJ
ajfa-4160	153	3	estimate	estimate	NOUN
ajfa-4160	153	4	of	of	ADP
ajfa-4160	153	5	dividend	dividend	NOUN
ajfa-4160	153	6	yield	yield	NOUN
ajfa-4160	153	7	is	be	AUX
ajfa-4160	153	8	based	base	VERB
ajfa-4160	153	9	on	on	ADP
ajfa-4160	153	10	the	the	DET
ajfa-4160	153	11	average	average	ADJ
ajfa-4160	153	12	dividend	dividend	NOUN
ajfa-4160	153	13	yield	yield	NOUN
ajfa-4160	153	14	from	from	ADP
ajfa-4160	153	15	january	january	PROPN
ajfa-4160	153	16	1	1	NUM
ajfa-4160	153	17	,	,	PUNCT
ajfa-4160	153	18	2002	2002	NUM
ajfa-4160	153	19	,	,	PUNCT
ajfa-4160	153	20	to	to	PART
ajfa-4160	153	21	may	may	PROPN
ajfa-4160	153	22	8	8	NUM
ajfa-4160	153	23	,	,	PUNCT
ajfa-4160	153	24	2009	2009	NUM
ajfa-4160	153	25	,	,	PUNCT
ajfa-4160	153	26	adjusted	adjust	VERB
ajfa-4160	153	27	for	for	ADP
ajfa-4160	153	28	continuous	continuous	ADJ
ajfa-4160	153	29	compounding	compounding	NOUN
ajfa-4160	153	30	.	.	PUNCT
ajfa-4160	154	1	the	the	DET
ajfa-4160	154	2	low	low	ADJ
ajfa-4160	154	3	-	-	PUNCT
ajfa-4160	154	4	end	end	NOUN
ajfa-4160	154	5	estimate	estimate	NOUN
ajfa-4160	154	6	’s	’s	PART
ajfa-4160	154	7	dividend	dividend	NOUN
ajfa-4160	154	8	yield	yield	NOUN
ajfa-4160	154	9	is	be	AUX
ajfa-4160	154	10	1.5	1.5	NUM
ajfa-4160	154	11	times	time	NOUN
ajfa-4160	154	12	the	the	DET
ajfa-4160	154	13	middle	middle	ADJ
ajfa-4160	154	14	estimate	estimate	NOUN
ajfa-4160	154	15	.	.	PUNCT
ajfa-4160	155	1	the	the	DET
ajfa-4160	155	2	high	high	ADJ
ajfa-4160	155	3	-	-	PUNCT
ajfa-4160	155	4	end	end	NOUN
ajfa-4160	155	5	valuation	valuation	NOUN
ajfa-4160	155	6	’s	’s	PART
ajfa-4160	155	7	dividend	dividend	NOUN
ajfa-4160	155	8	yield	yield	VERB
ajfa-4160	155	9	it	it	PRON
ajfa-4160	155	10	the	the	DET
ajfa-4160	155	11	forward	forward	ADJ
ajfa-4160	155	12	dividend	dividend	NOUN
ajfa-4160	155	13	yield	yield	NOUN
ajfa-4160	155	14	based	base	VERB
ajfa-4160	155	15	on	on	ADP
ajfa-4160	155	16	the	the	DET
ajfa-4160	155	17	announced	announce	VERB
ajfa-4160	155	18	dividend	dividend	NOUN
ajfa-4160	155	19	of	of	ADP
ajfa-4160	155	20	$	$	SYM
ajfa-4160	155	21	.07	.07	NUM
ajfa-4160	155	22	per	per	ADP
ajfa-4160	155	23	share	share	NOUN
ajfa-4160	155	24	and	and	CCONJ
ajfa-4160	155	25	the	the	DET
ajfa-4160	155	26	may	may	PROPN
ajfa-4160	155	27	8	8	NUM
ajfa-4160	155	28	,	,	PUNCT
ajfa-4160	155	29	2009	2009	NUM
ajfa-4160	155	30	,	,	PUNCT
ajfa-4160	155	31	closing	close	VERB
ajfa-4160	155	32	stock	stock	NOUN
ajfa-4160	155	33	price	price	NOUN
ajfa-4160	155	34	of	of	ADP
ajfa-4160	155	35	$	$	SYM
ajfa-4160	155	36	14.70	14.70	NUM
ajfa-4160	155	37	adjusted	adjust	VERB
ajfa-4160	155	38	to	to	PART
ajfa-4160	155	39	be	be	AUX
ajfa-4160	155	40	an	an	DET
ajfa-4160	155	41	annualized	annualize	VERB
ajfa-4160	155	42	continuously	continuously	ADV
ajfa-4160	155	43	compounding	compound	VERB
ajfa-4160	155	44	rate	rate	NOUN
ajfa-4160	155	45	.	.	PUNCT
ajfa-4160	156	1	the	the	DET
ajfa-4160	156	2	historic	historic	ADJ
ajfa-4160	156	3	option	option	NOUN
ajfa-4160	156	4	price	price	NOUN
ajfa-4160	156	5	data	datum	NOUN
ajfa-4160	156	6	was	be	AUX
ajfa-4160	156	7	obtained	obtain	VERB
ajfa-4160	156	8	on	on	ADP
ajfa-4160	156	9	www.prophet.net	www.prophet.net	NOUN
ajfa-4160	156	10	.	.	PUNCT
ajfa-4160	157	1	the	the	DET
ajfa-4160	157	2	stock	stock	NOUN
ajfa-4160	157	3	price	price	NOUN
ajfa-4160	157	4	data	datum	NOUN
ajfa-4160	157	5	was	be	AUX
ajfa-4160	157	6	taken	take	VERB
ajfa-4160	157	7	from	from	ADP
ajfa-4160	157	8	yahoo	yahoo	PROPN
ajfa-4160	157	9	!	!	PUNCT
ajfa-4160	157	10	finance	finance	PROPN
ajfa-4160	157	11	.	.	PUNCT
ajfa-4160	158	1	the	the	DET
ajfa-4160	158	2	probability	probability	NOUN
ajfa-4160	158	3	that	that	SCONJ
ajfa-4160	158	4	half	half	DET
ajfa-4160	158	5	the	the	DET
ajfa-4160	158	6	warrants	warrant	NOUN
ajfa-4160	158	7	will	will	AUX
ajfa-4160	158	8	be	be	AUX
ajfa-4160	158	9	cancelled	cancel	VERB
ajfa-4160	158	10	is	be	AUX
ajfa-4160	158	11	the	the	DET
ajfa-4160	158	12	subjective	subjective	ADJ
ajfa-4160	158	13	probability	probability	NOUN
ajfa-4160	158	14	given	give	VERB
ajfa-4160	158	15	by	by	ADP
ajfa-4160	158	16	the	the	DET
ajfa-4160	158	17	author	author	NOUN
ajfa-4160	158	18	of	of	ADP
ajfa-4160	158	19	the	the	DET
ajfa-4160	158	20	likelihood	likelihood	NOUN
ajfa-4160	158	21	of	of	ADP
ajfa-4160	158	22	a	a	DET
ajfa-4160	158	23	qualified	qualified	ADJ
ajfa-4160	158	24	equity	equity	NOUN
ajfa-4160	158	25	offering	offering	NOUN
ajfa-4160	158	26	being	be	AUX
ajfa-4160	158	27	completed	complete	VERB
ajfa-4160	158	28	by	by	ADP
ajfa-4160	158	29	december	december	PROPN
ajfa-4160	158	30	31	31	NUM
ajfa-4160	158	31	,	,	PUNCT
ajfa-4160	158	32	2009	2009	NUM
ajfa-4160	158	33	.	.	PUNCT
ajfa-4160	159	1	completion	completion	NOUN
ajfa-4160	159	2	of	of	ADP
ajfa-4160	159	3	a	a	DET
ajfa-4160	159	4	qualified	qualified	ADJ
ajfa-4160	159	5	equity	equity	NOUN
ajfa-4160	159	6	offering	offering	NOUN
ajfa-4160	159	7	would	would	AUX
ajfa-4160	159	8	allow	allow	VERB
ajfa-4160	159	9	the	the	DET
ajfa-4160	159	10	bank	bank	NOUN
ajfa-4160	159	11	to	to	PART
ajfa-4160	159	12	cancel	cancel	VERB
ajfa-4160	159	13	half	half	DET
ajfa-4160	159	14	the	the	DET
ajfa-4160	159	15	warrants	warrant	NOUN
ajfa-4160	159	16	.	.	PUNCT
ajfa-4160	160	1	the	the	DET
ajfa-4160	160	2	per	per	ADP
ajfa-4160	160	3	-	-	PUNCT
ajfa-4160	160	4	warrant	warrant	NOUN
ajfa-4160	160	5	value	value	NOUN
ajfa-4160	160	6	is	be	AUX
ajfa-4160	160	7	calculated	calculate	VERB
ajfa-4160	160	8	with	with	ADP
ajfa-4160	160	9	the	the	DET
ajfa-4160	160	10	inputs	input	NOUN
ajfa-4160	160	11	in	in	ADP
ajfa-4160	160	12	this	this	DET
ajfa-4160	160	13	table	table	NOUN
ajfa-4160	160	14	and	and	CCONJ
ajfa-4160	160	15	the	the	DET
ajfa-4160	160	16	stock	stock	NOUN
ajfa-4160	160	17	price	price	NOUN
ajfa-4160	160	18	and	and	CCONJ
ajfa-4160	160	19	strike	strike	VERB
ajfa-4160	160	20	price	price	NOUN
ajfa-4160	160	21	in	in	ADP
ajfa-4160	160	22	table	table	NOUN
ajfa-4160	160	23	1	1	NUM
ajfa-4160	160	24	using	use	VERB
ajfa-4160	160	25	the	the	DET
ajfa-4160	160	26	merton	merton	NOUN
ajfa-4160	160	27	(	(	PUNCT
ajfa-4160	160	28	1973	1973	NUM
ajfa-4160	160	29	)	)	PUNCT
ajfa-4160	160	30	model	model	NOUN
ajfa-4160	160	31	with	with	ADP
ajfa-4160	160	32	the	the	DET
ajfa-4160	160	33	dilution	dilution	NOUN
ajfa-4160	160	34	adjustments	adjustment	NOUN
ajfa-4160	160	35	proposed	propose	VERB
ajfa-4160	160	36	by	by	ADP
ajfa-4160	160	37	galai	galai	NOUN
ajfa-4160	160	38	and	and	CCONJ
ajfa-4160	160	39	schneller	schneller	NOUN
ajfa-4160	160	40	(	(	PUNCT
ajfa-4160	160	41	1978	1978	NUM
ajfa-4160	160	42	)	)	PUNCT
ajfa-4160	160	43	.	.	PUNCT
ajfa-4160	161	1	asian	asian	ADJ
ajfa-4160	161	2	journal	journal	PROPN
ajfa-4160	161	3	of	of	ADP
ajfa-4160	161	4	finance	finance	PROPN
ajfa-4160	161	5	&	&	CCONJ
ajfa-4160	161	6	accounting	accounting	PROPN
ajfa-4160	161	7	issn	issn	PROPN
ajfa-4160	161	8	1946	1946	NUM
ajfa-4160	161	9	-	-	PUNCT
ajfa-4160	161	10	052x	052x	PROPN
ajfa-4160	161	11	2014	2014	NUM
ajfa-4160	161	12	,	,	PUNCT
ajfa-4160	161	13	vol	vol	NOUN
ajfa-4160	161	14	.	.	PROPN
ajfa-4160	161	15	6	6	NUM
ajfa-4160	161	16	,	,	PUNCT
ajfa-4160	161	17	no	no	INTJ
ajfa-4160	161	18	.	.	NOUN
ajfa-4160	161	19	2	2	NUM
ajfa-4160	161	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4160	161	21	350	350	NUM
ajfa-4160	161	22	table	table	NOUN
ajfa-4160	161	23	3	3	NUM
ajfa-4160	161	24	.	.	PUNCT
ajfa-4160	161	25	valuation	valuation	NOUN
ajfa-4160	161	26	of	of	ADP
ajfa-4160	161	27	old	old	ADJ
ajfa-4160	161	28	national	national	ADJ
ajfa-4160	161	29	warrants	warrant	NOUN
ajfa-4160	161	30	on	on	ADP
ajfa-4160	161	31	may	may	PROPN
ajfa-4160	161	32	8	8	NUM
ajfa-4160	161	33	,	,	PUNCT
ajfa-4160	161	34	2009	2009	NUM
ajfa-4160	161	35	,	,	PUNCT
ajfa-4160	161	36	adjusting	adjust	VERB
ajfa-4160	161	37	for	for	ADP
ajfa-4160	161	38	dividends	dividend	NOUN
ajfa-4160	161	39	with	with	ADP
ajfa-4160	161	40	merton	merton	NOUN
ajfa-4160	161	41	(	(	PUNCT
ajfa-4160	161	42	1973	1973	NUM
ajfa-4160	161	43	)	)	PUNCT
ajfa-4160	161	44	low	low	ADJ
ajfa-4160	161	45	middle	middle	ADJ
ajfa-4160	161	46	high	high	ADJ
ajfa-4160	161	47	volatility	volatility	NOUN
ajfa-4160	161	48	37.10	37.10	NUM
ajfa-4160	161	49	%	%	NOUN
ajfa-4160	161	50	59.72	59.72	NUM
ajfa-4160	161	51	%	%	NOUN
ajfa-4160	161	52	72.89	72.89	NUM
ajfa-4160	161	53	%	%	NOUN
ajfa-4160	161	54	dividend	dividend	NOUN
ajfa-4160	161	55	yield	yield	VERB
ajfa-4160	161	56	5.89	5.89	NUM
ajfa-4160	161	57	%	%	NOUN
ajfa-4160	161	58	3.93	3.93	NUM
ajfa-4160	161	59	%	%	NOUN
ajfa-4160	161	60	1.90	1.90	NUM
ajfa-4160	161	61	%	%	NOUN
ajfa-4160	161	62	probability	probability	NOUN
ajfa-4160	161	63	that	that	SCONJ
ajfa-4160	161	64	half	half	ADJ
ajfa-4160	161	65	warrants	warrant	NOUN
ajfa-4160	161	66	will	will	AUX
ajfa-4160	161	67	be	be	AUX
ajfa-4160	161	68	cancelled	cancel	VERB
ajfa-4160	161	69	50	50	NUM
ajfa-4160	161	70	%	%	NOUN
ajfa-4160	161	71	30	30	NUM
ajfa-4160	161	72	%	%	NOUN
ajfa-4160	161	73	10	10	NUM
ajfa-4160	161	74	%	%	NOUN
ajfa-4160	161	75	expected	expect	VERB
ajfa-4160	161	76	number	number	NOUN
ajfa-4160	161	77	of	of	ADP
ajfa-4160	161	78	warrants	warrant	NOUN
ajfa-4160	161	79	609,756	609,756	NUM
ajfa-4160	161	80	691,057	691,057	NUM
ajfa-4160	161	81	772,358	772,358	NUM
ajfa-4160	161	82	per	per	ADP
ajfa-4160	161	83	warrant	warrant	NOUN
ajfa-4160	161	84	value	value	NOUN
ajfa-4160	161	85	(	(	PUNCT
ajfa-4160	161	86	$	$	SYM
ajfa-4160	161	87	)	)	PUNCT
ajfa-4160	161	88	$	$	SYM
ajfa-4160	161	89	2.52	2.52	NUM
ajfa-4160	161	90	$	$	SYM
ajfa-4160	161	91	5.96	5.96	NUM
ajfa-4160	161	92	$	$	SYM
ajfa-4160	161	93	8.91	8.91	NUM
ajfa-4160	161	94	total	total	ADJ
ajfa-4160	161	95	value	value	NOUN
ajfa-4160	161	96	of	of	ADP
ajfa-4160	161	97	warrants	warrant	NOUN
ajfa-4160	161	98	(	(	PUNCT
ajfa-4160	161	99	$	$	SYM
ajfa-4160	161	100	millions	million	NOUN
ajfa-4160	161	101	)	)	PUNCT
ajfa-4160	161	102	$	$	SYM
ajfa-4160	161	103	1.54	1.54	NUM
ajfa-4160	161	104	$	$	SYM
ajfa-4160	161	105	4.12	4.12	NUM
ajfa-4160	161	106	$	$	SYM
ajfa-4160	161	107	6.88	6.88	NUM
ajfa-4160	161	108	the	the	DET
ajfa-4160	161	109	low	low	ADJ
ajfa-4160	161	110	-	-	PUNCT
ajfa-4160	161	111	end	end	NOUN
ajfa-4160	161	112	volatility	volatility	NOUN
ajfa-4160	161	113	is	be	AUX
ajfa-4160	161	114	the	the	DET
ajfa-4160	161	115	annualized	annualize	VERB
ajfa-4160	161	116	historic	historic	ADJ
ajfa-4160	161	117	volatility	volatility	NOUN
ajfa-4160	161	118	.	.	PUNCT
ajfa-4160	162	1	this	this	PRON
ajfa-4160	162	2	is	be	AUX
ajfa-4160	162	3	obtained	obtain	VERB
ajfa-4160	162	4	from	from	ADP
ajfa-4160	162	5	calculating	calculate	VERB
ajfa-4160	162	6	the	the	DET
ajfa-4160	162	7	daily	daily	ADJ
ajfa-4160	162	8	instantaneous	instantaneous	ADJ
ajfa-4160	162	9	returns	return	NOUN
ajfa-4160	162	10	from	from	ADP
ajfa-4160	162	11	january	january	PROPN
ajfa-4160	162	12	1	1	NUM
ajfa-4160	162	13	,	,	PUNCT
ajfa-4160	162	14	2009	2009	NUM
ajfa-4160	162	15	,	,	PUNCT
ajfa-4160	162	16	to	to	PART
ajfa-4160	162	17	may	may	PROPN
ajfa-4160	162	18	8	8	NUM
ajfa-4160	162	19	,	,	PUNCT
ajfa-4160	162	20	2009	2009	NUM
ajfa-4160	162	21	,	,	PUNCT
ajfa-4160	162	22	using	use	VERB
ajfa-4160	162	23	the	the	DET
ajfa-4160	162	24	procedure	procedure	NOUN
ajfa-4160	162	25	outlined	outline	VERB
ajfa-4160	162	26	in	in	ADP
ajfa-4160	162	27	hull	hull	NOUN
ajfa-4160	162	28	(	(	PUNCT
ajfa-4160	162	29	2003	2003	NUM
ajfa-4160	162	30	,	,	PUNCT
ajfa-4160	162	31	pp	pp	ADJ
ajfa-4160	162	32	.	.	PUNCT
ajfa-4160	163	1	238	238	NUM
ajfa-4160	163	2	-	-	SYM
ajfa-4160	163	3	241	241	NUM
ajfa-4160	163	4	)	)	PUNCT
ajfa-4160	163	5	and	and	CCONJ
ajfa-4160	163	6	wilson	wilson	PROPN
ajfa-4160	163	7	(	(	PUNCT
ajfa-4160	163	8	2009	2009	NUM
ajfa-4160	163	9	)	)	PUNCT
ajfa-4160	163	10	.	.	PUNCT
ajfa-4160	164	1	the	the	DET
ajfa-4160	164	2	high	high	ADJ
ajfa-4160	164	3	-	-	PUNCT
ajfa-4160	164	4	end	end	NOUN
ajfa-4160	164	5	volatility	volatility	NOUN
ajfa-4160	164	6	is	be	AUX
ajfa-4160	164	7	also	also	ADV
ajfa-4160	164	8	based	base	VERB
ajfa-4160	164	9	on	on	ADP
ajfa-4160	164	10	historic	historic	ADJ
ajfa-4160	164	11	volatility	volatility	NOUN
ajfa-4160	164	12	of	of	ADP
ajfa-4160	164	13	the	the	DET
ajfa-4160	164	14	stock	stock	NOUN
ajfa-4160	164	15	from	from	ADP
ajfa-4160	164	16	january	january	PROPN
ajfa-4160	164	17	1	1	NUM
ajfa-4160	164	18	,	,	PUNCT
ajfa-4160	164	19	2008	2008	NUM
ajfa-4160	164	20	,	,	PUNCT
ajfa-4160	164	21	to	to	PART
ajfa-4160	164	22	may	may	PROPN
ajfa-4160	164	23	8	8	NUM
ajfa-4160	164	24	,	,	PUNCT
ajfa-4160	164	25	2009	2009	NUM
ajfa-4160	164	26	.	.	PUNCT
ajfa-4160	165	1	the	the	DET
ajfa-4160	165	2	middle	middle	ADJ
ajfa-4160	165	3	volatility	volatility	NOUN
ajfa-4160	165	4	estimate	estimate	NOUN
ajfa-4160	165	5	is	be	AUX
ajfa-4160	165	6	based	base	VERB
ajfa-4160	165	7	on	on	ADP
ajfa-4160	165	8	the	the	DET
ajfa-4160	165	9	implied	imply	VERB
ajfa-4160	165	10	volatility	volatility	NOUN
ajfa-4160	165	11	of	of	ADP
ajfa-4160	165	12	the	the	DET
ajfa-4160	165	13	$	$	SYM
ajfa-4160	165	14	17.50	17.50	NUM
ajfa-4160	165	15	june	june	PROPN
ajfa-4160	165	16	2009	2009	NUM
ajfa-4160	165	17	call	call	NOUN
ajfa-4160	165	18	options	option	NOUN
ajfa-4160	165	19	traded	trade	VERB
ajfa-4160	165	20	on	on	ADP
ajfa-4160	165	21	may	may	PROPN
ajfa-4160	165	22	8	8	NUM
ajfa-4160	165	23	,	,	PUNCT
ajfa-4160	165	24	2009	2009	NUM
ajfa-4160	165	25	.	.	PUNCT
ajfa-4160	166	1	the	the	DET
ajfa-4160	166	2	middle	middle	ADJ
ajfa-4160	166	3	estimate	estimate	NOUN
ajfa-4160	166	4	of	of	ADP
ajfa-4160	166	5	dividend	dividend	NOUN
ajfa-4160	166	6	yield	yield	NOUN
ajfa-4160	166	7	is	be	AUX
ajfa-4160	166	8	based	base	VERB
ajfa-4160	166	9	on	on	ADP
ajfa-4160	166	10	the	the	DET
ajfa-4160	166	11	average	average	ADJ
ajfa-4160	166	12	dividend	dividend	NOUN
ajfa-4160	166	13	yield	yield	NOUN
ajfa-4160	166	14	from	from	ADP
ajfa-4160	166	15	january	january	PROPN
ajfa-4160	166	16	1	1	NUM
ajfa-4160	166	17	,	,	PUNCT
ajfa-4160	166	18	2002	2002	NUM
ajfa-4160	166	19	,	,	PUNCT
ajfa-4160	166	20	to	to	PART
ajfa-4160	166	21	may	may	PROPN
ajfa-4160	166	22	8	8	NUM
ajfa-4160	166	23	,	,	PUNCT
ajfa-4160	166	24	2009	2009	NUM
ajfa-4160	166	25	,	,	PUNCT
ajfa-4160	166	26	adjusted	adjust	VERB
ajfa-4160	166	27	for	for	ADP
ajfa-4160	166	28	continuous	continuous	ADJ
ajfa-4160	166	29	compounding	compounding	NOUN
ajfa-4160	166	30	.	.	PUNCT
ajfa-4160	167	1	the	the	DET
ajfa-4160	167	2	low	low	ADJ
ajfa-4160	167	3	-	-	PUNCT
ajfa-4160	167	4	end	end	NOUN
ajfa-4160	167	5	estimate	estimate	NOUN
ajfa-4160	167	6	’s	’s	PART
ajfa-4160	167	7	dividend	dividend	NOUN
ajfa-4160	167	8	yield	yield	NOUN
ajfa-4160	167	9	is	be	AUX
ajfa-4160	167	10	1.5	1.5	NUM
ajfa-4160	167	11	times	time	NOUN
ajfa-4160	167	12	the	the	DET
ajfa-4160	167	13	middle	middle	ADJ
ajfa-4160	167	14	estimate	estimate	NOUN
ajfa-4160	167	15	.	.	PUNCT
ajfa-4160	168	1	the	the	DET
ajfa-4160	168	2	high	high	ADJ
ajfa-4160	168	3	-	-	PUNCT
ajfa-4160	168	4	end	end	NOUN
ajfa-4160	168	5	valuation	valuation	NOUN
ajfa-4160	168	6	’s	’s	PART
ajfa-4160	168	7	dividend	dividend	NOUN
ajfa-4160	168	8	yield	yield	VERB
ajfa-4160	168	9	it	it	PRON
ajfa-4160	168	10	the	the	DET
ajfa-4160	168	11	forward	forward	ADJ
ajfa-4160	168	12	dividend	dividend	NOUN
ajfa-4160	168	13	yield	yield	NOUN
ajfa-4160	168	14	based	base	VERB
ajfa-4160	168	15	on	on	ADP
ajfa-4160	168	16	the	the	DET
ajfa-4160	168	17	announced	announce	VERB
ajfa-4160	168	18	dividend	dividend	NOUN
ajfa-4160	168	19	of	of	ADP
ajfa-4160	168	20	$	$	SYM
ajfa-4160	168	21	.07	.07	NUM
ajfa-4160	168	22	per	per	ADP
ajfa-4160	168	23	share	share	NOUN
ajfa-4160	168	24	and	and	CCONJ
ajfa-4160	168	25	the	the	DET
ajfa-4160	168	26	may	may	PROPN
ajfa-4160	168	27	8	8	NUM
ajfa-4160	168	28	,	,	PUNCT
ajfa-4160	168	29	2009	2009	NUM
ajfa-4160	168	30	,	,	PUNCT
ajfa-4160	168	31	closing	close	VERB
ajfa-4160	168	32	stock	stock	NOUN
ajfa-4160	168	33	price	price	NOUN
ajfa-4160	168	34	of	of	ADP
ajfa-4160	168	35	$	$	SYM
ajfa-4160	168	36	14.70	14.70	NUM
ajfa-4160	168	37	adjusted	adjust	VERB
ajfa-4160	168	38	to	to	PART
ajfa-4160	168	39	be	be	AUX
ajfa-4160	168	40	an	an	DET
ajfa-4160	168	41	annualized	annualize	VERB
ajfa-4160	168	42	continuously	continuously	ADV
ajfa-4160	168	43	compounding	compound	VERB
ajfa-4160	168	44	rate	rate	NOUN
ajfa-4160	168	45	.	.	PUNCT
ajfa-4160	169	1	this	this	DET
ajfa-4160	169	2	option	option	NOUN
ajfa-4160	169	3	price	price	NOUN
ajfa-4160	169	4	data	datum	NOUN
ajfa-4160	169	5	was	be	AUX
ajfa-4160	169	6	obtained	obtain	VERB
ajfa-4160	169	7	on	on	ADP
ajfa-4160	169	8	www.prophet.net	www.prophet.net	NOUN
ajfa-4160	169	9	.	.	PUNCT
ajfa-4160	170	1	the	the	DET
ajfa-4160	170	2	stock	stock	NOUN
ajfa-4160	170	3	price	price	NOUN
ajfa-4160	170	4	data	datum	NOUN
ajfa-4160	170	5	was	be	AUX
ajfa-4160	170	6	taken	take	VERB
ajfa-4160	170	7	from	from	ADP
ajfa-4160	170	8	yahoo	yahoo	PROPN
ajfa-4160	170	9	!	!	PUNCT
ajfa-4160	170	10	finance	finance	PROPN
ajfa-4160	170	11	.	.	PUNCT
ajfa-4160	171	1	the	the	DET
ajfa-4160	171	2	probability	probability	NOUN
ajfa-4160	171	3	that	that	SCONJ
ajfa-4160	171	4	half	half	DET
ajfa-4160	171	5	the	the	DET
ajfa-4160	171	6	warrants	warrant	NOUN
ajfa-4160	171	7	will	will	AUX
ajfa-4160	171	8	be	be	AUX
ajfa-4160	171	9	cancelled	cancel	VERB
ajfa-4160	171	10	is	be	AUX
ajfa-4160	171	11	the	the	DET
ajfa-4160	171	12	subjective	subjective	ADJ
ajfa-4160	171	13	probability	probability	NOUN
ajfa-4160	171	14	given	give	VERB
ajfa-4160	171	15	by	by	ADP
ajfa-4160	171	16	the	the	DET
ajfa-4160	171	17	author	author	NOUN
ajfa-4160	171	18	of	of	ADP
ajfa-4160	171	19	the	the	DET
ajfa-4160	171	20	likelihood	likelihood	NOUN
ajfa-4160	171	21	of	of	ADP
ajfa-4160	171	22	a	a	DET
ajfa-4160	171	23	qualified	qualified	ADJ
ajfa-4160	171	24	equity	equity	NOUN
ajfa-4160	171	25	offering	offering	NOUN
ajfa-4160	171	26	being	be	AUX
ajfa-4160	171	27	completed	complete	VERB
ajfa-4160	171	28	by	by	ADP
ajfa-4160	171	29	december	december	PROPN
ajfa-4160	171	30	31	31	NUM
ajfa-4160	171	31	,	,	PUNCT
ajfa-4160	171	32	2009	2009	NUM
ajfa-4160	171	33	.	.	PUNCT
ajfa-4160	172	1	completion	completion	NOUN
ajfa-4160	172	2	of	of	ADP
ajfa-4160	172	3	a	a	DET
ajfa-4160	172	4	qualified	qualified	ADJ
ajfa-4160	172	5	equity	equity	NOUN
ajfa-4160	172	6	offering	offering	NOUN
ajfa-4160	172	7	would	would	AUX
ajfa-4160	172	8	allow	allow	VERB
ajfa-4160	172	9	the	the	DET
ajfa-4160	172	10	bank	bank	NOUN
ajfa-4160	172	11	to	to	PART
ajfa-4160	172	12	cancel	cancel	VERB
ajfa-4160	172	13	half	half	DET
ajfa-4160	172	14	the	the	DET
ajfa-4160	172	15	warrants	warrant	NOUN
ajfa-4160	172	16	.	.	PUNCT
ajfa-4160	173	1	the	the	DET
ajfa-4160	173	2	per	per	ADP
ajfa-4160	173	3	-	-	PUNCT
ajfa-4160	173	4	warrant	warrant	NOUN
ajfa-4160	173	5	value	value	NOUN
ajfa-4160	173	6	is	be	AUX
ajfa-4160	173	7	calculated	calculate	VERB
ajfa-4160	173	8	with	with	ADP
ajfa-4160	173	9	the	the	DET
ajfa-4160	173	10	inputs	input	NOUN
ajfa-4160	173	11	in	in	ADP
ajfa-4160	173	12	this	this	DET
ajfa-4160	173	13	table	table	NOUN
ajfa-4160	173	14	and	and	CCONJ
ajfa-4160	173	15	the	the	DET
ajfa-4160	173	16	stock	stock	NOUN
ajfa-4160	173	17	price	price	NOUN
ajfa-4160	173	18	and	and	CCONJ
ajfa-4160	173	19	strike	strike	VERB
ajfa-4160	173	20	price	price	NOUN
ajfa-4160	173	21	in	in	ADP
ajfa-4160	173	22	table	table	NOUN
ajfa-4160	173	23	1	1	NUM
ajfa-4160	173	24	using	use	VERB
ajfa-4160	173	25	the	the	DET
ajfa-4160	173	26	merton	merton	NOUN
ajfa-4160	173	27	(	(	PUNCT
ajfa-4160	173	28	1973	1973	NUM
ajfa-4160	173	29	)	)	PUNCT
ajfa-4160	173	30	model	model	NOUN
ajfa-4160	173	31	with	with	ADP
ajfa-4160	173	32	no	no	DET
ajfa-4160	173	33	dilution	dilution	NOUN
ajfa-4160	173	34	adjustments	adjustment	NOUN
ajfa-4160	173	35	.	.	PUNCT
ajfa-4160	174	1	table	table	NOUN
ajfa-4160	174	2	4	4	NUM
ajfa-4160	174	3	.	.	PUNCT
ajfa-4160	175	1	valuation	valuation	NOUN
ajfa-4160	175	2	of	of	ADP
ajfa-4160	175	3	old	old	ADJ
ajfa-4160	175	4	national	national	ADJ
ajfa-4160	175	5	warrants	warrant	NOUN
ajfa-4160	175	6	on	on	ADP
ajfa-4160	175	7	may	may	PROPN
ajfa-4160	175	8	8	8	NUM
ajfa-4160	175	9	,	,	PUNCT
ajfa-4160	175	10	2009	2009	NUM
ajfa-4160	175	11	,	,	PUNCT
ajfa-4160	175	12	using	use	VERB
ajfa-4160	175	13	black	black	ADJ
ajfa-4160	175	14	scholes	schole	NOUN
ajfa-4160	175	15	(	(	PUNCT
ajfa-4160	175	16	1973	1973	NUM
ajfa-4160	175	17	)	)	PUNCT
ajfa-4160	175	18	low	low	ADJ
ajfa-4160	175	19	middle	middle	ADJ
ajfa-4160	175	20	high	high	ADJ
ajfa-4160	175	21	volatility	volatility	NOUN
ajfa-4160	175	22	37.10	37.10	NUM
ajfa-4160	175	23	%	%	NOUN
ajfa-4160	175	24	59.72	59.72	NUM
ajfa-4160	175	25	%	%	NOUN
ajfa-4160	175	26	72.89	72.89	NUM
ajfa-4160	175	27	%	%	NOUN
ajfa-4160	175	28	probability	probability	NOUN
ajfa-4160	175	29	that	that	SCONJ
ajfa-4160	175	30	half	half	ADJ
ajfa-4160	175	31	warrants	warrant	NOUN
ajfa-4160	175	32	will	will	AUX
ajfa-4160	175	33	be	be	AUX
ajfa-4160	175	34	cancelled	cancel	VERB
ajfa-4160	175	35	50	50	NUM
ajfa-4160	175	36	%	%	NOUN
ajfa-4160	175	37	30	30	NUM
ajfa-4160	175	38	%	%	NOUN
ajfa-4160	175	39	10	10	NUM
ajfa-4160	175	40	%	%	NOUN
ajfa-4160	175	41	expected	expect	VERB
ajfa-4160	175	42	number	number	NOUN
ajfa-4160	175	43	of	of	ADP
ajfa-4160	175	44	warrants	warrant	NOUN
ajfa-4160	175	45	609,756	609,756	NUM
ajfa-4160	175	46	691,057	691,057	NUM
ajfa-4160	175	47	772,358	772,358	NUM
ajfa-4160	175	48	per	per	ADP
ajfa-4160	175	49	warrant	warrant	NOUN
ajfa-4160	175	50	value	value	NOUN
ajfa-4160	175	51	(	(	PUNCT
ajfa-4160	175	52	$	$	SYM
ajfa-4160	175	53	)	)	PUNCT
ajfa-4160	175	54	$	$	SYM
ajfa-4160	175	55	6.72	6.72	NUM
ajfa-4160	175	56	$	$	SYM
ajfa-4160	175	57	9.69	9.69	NUM
ajfa-4160	175	58	$	$	SYM
ajfa-4160	175	59	11.05	11.05	NUM
ajfa-4160	175	60	total	total	ADJ
ajfa-4160	175	61	value	value	NOUN
ajfa-4160	175	62	of	of	ADP
ajfa-4160	175	63	warrants	warrant	NOUN
ajfa-4160	175	64	(	(	PUNCT
ajfa-4160	175	65	$	$	SYM
ajfa-4160	175	66	millions	million	NOUN
ajfa-4160	175	67	)	)	PUNCT
ajfa-4160	175	68	$	$	SYM
ajfa-4160	175	69	4.10	4.10	NUM
ajfa-4160	175	70	$	$	SYM
ajfa-4160	175	71	6.70	6.70	NUM
ajfa-4160	175	72	$	$	SYM
ajfa-4160	175	73	8.53	8.53	NUM
ajfa-4160	175	74	the	the	DET
ajfa-4160	175	75	low	low	ADJ
ajfa-4160	175	76	-	-	PUNCT
ajfa-4160	175	77	end	end	NOUN
ajfa-4160	175	78	volatility	volatility	NOUN
ajfa-4160	175	79	is	be	AUX
ajfa-4160	175	80	the	the	DET
ajfa-4160	175	81	annualized	annualize	VERB
ajfa-4160	175	82	historic	historic	ADJ
ajfa-4160	175	83	volatility	volatility	NOUN
ajfa-4160	175	84	.	.	PUNCT
ajfa-4160	176	1	this	this	PRON
ajfa-4160	176	2	is	be	AUX
ajfa-4160	176	3	obtained	obtain	VERB
ajfa-4160	176	4	from	from	ADP
ajfa-4160	176	5	calculating	calculate	VERB
ajfa-4160	176	6	the	the	DET
ajfa-4160	176	7	daily	daily	ADJ
ajfa-4160	176	8	instantaneous	instantaneous	ADJ
ajfa-4160	176	9	returns	return	NOUN
ajfa-4160	176	10	from	from	ADP
ajfa-4160	176	11	january	january	PROPN
ajfa-4160	176	12	1	1	NUM
ajfa-4160	176	13	,	,	PUNCT
ajfa-4160	176	14	2009	2009	NUM
ajfa-4160	176	15	,	,	PUNCT
ajfa-4160	176	16	to	to	PART
ajfa-4160	176	17	may	may	PROPN
ajfa-4160	176	18	8	8	NUM
ajfa-4160	176	19	,	,	PUNCT
ajfa-4160	176	20	2009	2009	NUM
ajfa-4160	176	21	,	,	PUNCT
ajfa-4160	176	22	using	use	VERB
ajfa-4160	176	23	the	the	DET
ajfa-4160	176	24	procedure	procedure	NOUN
ajfa-4160	176	25	outlined	outline	VERB
ajfa-4160	176	26	in	in	ADP
ajfa-4160	176	27	hull	hull	NOUN
ajfa-4160	176	28	(	(	PUNCT
ajfa-4160	176	29	2003	2003	NUM
ajfa-4160	176	30	,	,	PUNCT
ajfa-4160	176	31	pp	pp	ADJ
ajfa-4160	176	32	.	.	PUNCT
ajfa-4160	177	1	238	238	NUM
ajfa-4160	177	2	-	-	SYM
ajfa-4160	177	3	241	241	NUM
ajfa-4160	177	4	)	)	PUNCT
ajfa-4160	177	5	and	and	CCONJ
ajfa-4160	177	6	wilson	wilson	PROPN
ajfa-4160	177	7	(	(	PUNCT
ajfa-4160	177	8	2009	2009	NUM
ajfa-4160	177	9	)	)	PUNCT
ajfa-4160	177	10	.	.	PUNCT
ajfa-4160	178	1	the	the	DET
ajfa-4160	178	2	high	high	ADJ
ajfa-4160	178	3	-	-	PUNCT
ajfa-4160	178	4	end	end	NOUN
ajfa-4160	178	5	volatility	volatility	NOUN
ajfa-4160	178	6	is	be	AUX
ajfa-4160	178	7	also	also	ADV
ajfa-4160	178	8	based	base	VERB
ajfa-4160	178	9	on	on	ADP
ajfa-4160	178	10	historic	historic	ADJ
ajfa-4160	178	11	volatility	volatility	NOUN
ajfa-4160	178	12	of	of	ADP
ajfa-4160	178	13	the	the	DET
ajfa-4160	178	14	stock	stock	NOUN
ajfa-4160	178	15	from	from	ADP
ajfa-4160	178	16	january	january	PROPN
ajfa-4160	178	17	1	1	NUM
ajfa-4160	178	18	,	,	PUNCT
ajfa-4160	178	19	2008	2008	NUM
ajfa-4160	178	20	to	to	PART
ajfa-4160	178	21	may	may	PROPN
ajfa-4160	178	22	8	8	NUM
ajfa-4160	178	23	,	,	PUNCT
ajfa-4160	178	24	2009	2009	NUM
ajfa-4160	178	25	.	.	PUNCT
ajfa-4160	179	1	the	the	DET
ajfa-4160	179	2	middle	middle	ADJ
ajfa-4160	179	3	volatility	volatility	NOUN
ajfa-4160	179	4	estimate	estimate	NOUN
ajfa-4160	179	5	is	be	AUX
ajfa-4160	179	6	based	base	VERB
ajfa-4160	179	7	on	on	ADP
ajfa-4160	179	8	the	the	DET
ajfa-4160	179	9	implied	imply	VERB
ajfa-4160	179	10	volatility	volatility	NOUN
ajfa-4160	179	11	of	of	ADP
ajfa-4160	179	12	the	the	DET
ajfa-4160	179	13	$	$	SYM
ajfa-4160	179	14	17.50	17.50	NUM
ajfa-4160	179	15	june	june	PROPN
ajfa-4160	179	16	2009	2009	NUM
ajfa-4160	179	17	call	call	NOUN
ajfa-4160	179	18	options	option	NOUN
ajfa-4160	179	19	traded	trade	VERB
ajfa-4160	179	20	on	on	ADP
ajfa-4160	179	21	may	may	PROPN
ajfa-4160	179	22	8	8	NUM
ajfa-4160	179	23	,	,	PUNCT
ajfa-4160	179	24	2009	2009	NUM
ajfa-4160	179	25	.	.	PUNCT
ajfa-4160	180	1	the	the	DET
ajfa-4160	180	2	option	option	NOUN
ajfa-4160	180	3	price	price	NOUN
ajfa-4160	180	4	data	datum	NOUN
ajfa-4160	180	5	was	be	AUX
ajfa-4160	180	6	obtained	obtain	VERB
ajfa-4160	180	7	on	on	ADP
ajfa-4160	180	8	www.prophet.net	www.prophet.net	NOUN
ajfa-4160	180	9	.	.	PUNCT
ajfa-4160	181	1	the	the	DET
ajfa-4160	181	2	stock	stock	NOUN
ajfa-4160	181	3	price	price	NOUN
ajfa-4160	181	4	data	datum	NOUN
ajfa-4160	181	5	was	be	AUX
ajfa-4160	181	6	taken	take	VERB
ajfa-4160	181	7	from	from	ADP
ajfa-4160	181	8	yahoo	yahoo	PROPN
ajfa-4160	181	9	!	!	PUNCT
ajfa-4160	181	10	finance	finance	PROPN
ajfa-4160	181	11	.	.	PUNCT
ajfa-4160	182	1	the	the	DET
ajfa-4160	182	2	probability	probability	NOUN
ajfa-4160	182	3	that	that	SCONJ
ajfa-4160	182	4	half	half	DET
ajfa-4160	182	5	the	the	DET
ajfa-4160	182	6	warrants	warrant	NOUN
ajfa-4160	182	7	will	will	AUX
ajfa-4160	182	8	be	be	AUX
ajfa-4160	182	9	cancelled	cancel	VERB
ajfa-4160	182	10	is	be	AUX
ajfa-4160	182	11	the	the	DET
ajfa-4160	182	12	subjective	subjective	ADJ
ajfa-4160	182	13	probability	probability	NOUN
ajfa-4160	182	14	given	give	VERB
ajfa-4160	182	15	by	by	ADP
ajfa-4160	182	16	the	the	DET
ajfa-4160	182	17	author	author	NOUN
ajfa-4160	182	18	of	of	ADP
ajfa-4160	182	19	the	the	DET
ajfa-4160	182	20	likelihood	likelihood	NOUN
ajfa-4160	182	21	of	of	ADP
ajfa-4160	182	22	a	a	DET
ajfa-4160	182	23	qualified	qualified	ADJ
ajfa-4160	182	24	equity	equity	NOUN
ajfa-4160	182	25	offering	offering	NOUN
ajfa-4160	182	26	being	be	AUX
ajfa-4160	182	27	completed	complete	VERB
ajfa-4160	182	28	by	by	ADP
ajfa-4160	182	29	december	december	PROPN
ajfa-4160	182	30	31	31	NUM
ajfa-4160	182	31	,	,	PUNCT
ajfa-4160	182	32	2009	2009	NUM
ajfa-4160	182	33	.	.	PUNCT
ajfa-4160	183	1	completion	completion	NOUN
ajfa-4160	183	2	of	of	ADP
ajfa-4160	183	3	a	a	DET
ajfa-4160	183	4	qualified	qualified	ADJ
ajfa-4160	183	5	equity	equity	NOUN
ajfa-4160	183	6	offering	offering	NOUN
ajfa-4160	183	7	would	would	AUX
ajfa-4160	183	8	allow	allow	VERB
ajfa-4160	183	9	the	the	DET
ajfa-4160	183	10	bank	bank	NOUN
ajfa-4160	183	11	to	to	PART
ajfa-4160	183	12	cancel	cancel	VERB
ajfa-4160	183	13	half	half	DET
ajfa-4160	183	14	the	the	DET
ajfa-4160	183	15	warrants	warrant	NOUN
ajfa-4160	183	16	.	.	PUNCT
ajfa-4160	184	1	the	the	DET
ajfa-4160	184	2	per	per	ADP
ajfa-4160	184	3	-	-	PUNCT
ajfa-4160	184	4	warrant	warrant	NOUN
ajfa-4160	184	5	value	value	NOUN
ajfa-4160	184	6	is	be	AUX
ajfa-4160	184	7	calculated	calculate	VERB
ajfa-4160	184	8	with	with	ADP
ajfa-4160	184	9	the	the	DET
ajfa-4160	184	10	inputs	input	NOUN
ajfa-4160	184	11	in	in	ADP
ajfa-4160	184	12	this	this	DET
ajfa-4160	184	13	table	table	NOUN
ajfa-4160	184	14	and	and	CCONJ
ajfa-4160	184	15	the	the	DET
ajfa-4160	184	16	stock	stock	NOUN
ajfa-4160	184	17	price	price	NOUN
ajfa-4160	184	18	and	and	CCONJ
ajfa-4160	184	19	strike	strike	VERB
ajfa-4160	184	20	price	price	NOUN
ajfa-4160	184	21	in	in	ADP
ajfa-4160	184	22	table	table	NOUN
ajfa-4160	184	23	1	1	NUM
ajfa-4160	184	24	using	use	VERB
ajfa-4160	184	25	the	the	DET
ajfa-4160	184	26	black	black	ADJ
ajfa-4160	184	27	and	and	CCONJ
ajfa-4160	184	28	scholes	schole	NOUN
ajfa-4160	184	29	(	(	PUNCT
ajfa-4160	184	30	1973	1973	NUM
ajfa-4160	184	31	)	)	PUNCT
ajfa-4160	184	32	model	model	NOUN
ajfa-4160	184	33	with	with	ADP
ajfa-4160	184	34	no	no	DET
ajfa-4160	184	35	adjustments	adjustment	NOUN
ajfa-4160	184	36	for	for	ADP
ajfa-4160	184	37	either	either	PRON
ajfa-4160	184	38	dilution	dilution	NOUN
ajfa-4160	184	39	or	or	CCONJ
ajfa-4160	184	40	dividends	dividend	NOUN
ajfa-4160	184	41	.	.	PUNCT