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A REIT is earning $1,000,000 a year with expenses equal to $100,000. If the blended cap rate is 5% and there are 200 shares oustanding
A REIT is earning $1,000,000 a year with expenses equal to $100,000. If the blended cap rate is 5% and there are 200 shares oustanding on this REIT, what is the net asset value (NAV) per share of this REIT?
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