NON-CONFIDENTIAL
p. p. 0
NON-CONFIDENTIAL 1 Response IR-4: (cont'd) 2 3 c) The "Resale values after k years since acquisition time" have not been updated. Updated 4 values have not yet been obtained from Altec. Any increase or decrease to these values 5 will have...
AI summary The response discusses the resale values of vehicles and changes in Altec's business process, noting that updated resale values have not been obtained and that a shift to auctioning units has resulted in lower sale prices, with minimal impact on retirement decisions.