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Consider the financial statements for the REIT, given above. This REIT has issued 1,000,000 shares. Price multiples for comparable REITs are about 10 times their

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Consider the financial statements for the REIT, given above. This REIT has issued 1,000,000 shares. Price multiples for comparable REITs are about 10 times their funds from operation. In other words, similar REITs are trading at FFO multiples of 10x. What price per share is implied for the REIT with the above financial statement? $102.51 per share $89.20 per share $5.42 per share $45.10 per share

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