RICKS CABARET INTERNATIONAL INC | 2013 | FY | 3

The fair value of the derivative liabilities as of September 30, 2012 were estimated to be $75,000, in accordance with FASB ASC 820, using a Black-Scholes option-pricing model using the following weighted average assumptions:
 
Volatility
 
32
%
 
Expected life
 
.17 year
 
 
Expected dividend yield
 
-
 
 
Risk free rate
 
0.06
%
 

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