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GAAP NOI= $10,000000 FFO=$12,000,000 CAP RATE=5% DEBT= $40,000,000 PRICEwas $4.00 but it moves to $6.00 SHARES=80,000,000 Look at the example in this again. If the

GAAP NOI= $10,000000 FFO=$12,000,000 CAP RATE=5% DEBT= $40,000,000 PRICEwas $4.00 but it moves to $6.00 SHARES=80,000,000

Look at the example in this again. If the price goes to 6$ per share,

what is the P/NAV? do not round your answer.

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