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10 pts D Question 5 Suppose that you are analyzing a REIT, and that you expect the company to have $3,450,000 in reportable net earnings.
10 pts D Question 5 Suppose that you are analyzing a REIT, and that you expect the company to have $3,450,000 in reportable net earnings. You also expect that the company to have $1,050,000 in non-cash expenses (depreciation, amortization, etc.). Assume that the company has 1 million shareholders and that it pays out 90% of its cash flow in dividends. What do you expect FFO per share to be? $4.50 $2.40 $3.90 $3.00 $3.40
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