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A REIT with 100 shares outstanding earns $2,000 in rent and incurs operating expenses of $800. In addition, the REIT owns property with a historic
A REIT with 100 shares outstanding earns $2,000 in rent and incurs operating expenses of $800. In addition, the REIT owns property with a historic cost of $10,000 and depreciates it over a 20-year period using straight-line depreciation. What are the funds from operations per share and the earnings per share for this REIT?
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