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ABC Realty Trust has an annual NOI of $300M. Net debt equals $1,000M. The company has 100M shares outstanding. If the stock trades at $40.0/share,

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ABC Realty Trust has an annual NOI of $300M. Net debt equals $1,000M. The company has 100M shares outstanding. If the stock trades at $40.0/share, and the stock price is equal to the value of NAV/share, what is the implied cap rate? O 8.0% O 8.07% O 8.5% O 6.0%

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