Consider the financial statements for a REIT,given above.Price multiples for comparable REITs are about 10 times current funds from operation (FFO) .What price does this suggest for the REIT's shares if 1,000,000 shares are issued?
A) $4.52 per share
B) $45.20 per share
C) $8.92 per share
D) $89.20 per share
Correct Answer:
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Q2: A REIT has an NOI of $15
Q3: The U.S.is the only country that allows
Q4: At least 95 percent of the value
Q5: REITs can sometimes capitalize rather than lease
Q6: A blended capitalization rate is an average
Q8: Real estate assets,cash,and government securities must represent
Q9: Funds from operation (FFO),is calculated by adding
Q10: Which of the following regarding private (unlisted)REITs
Q11: Because REITs are corporations,they are subject to
Q12: REITs must be passive investments with external
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