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Q4 The following information is segment data for USA REIT (USAR) and corresponding market multiples for these segments. All figures are in $millions except

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Q4 The following information is segment data for USA REIT (USAR) and corresponding market multiples for these segments. All figures are in $millions except for multiples. USAR had $750.0 million in debt and 50.0 million shares outstanding USAR Divisions Revenues Operating income Retail 80.0 45.7 Office 106.0 72.6 Mixed-Use 50.0 25.1 Market Multiples Revenues Operating income Retail 6.5 11.5 Office 5.3 10.4 Mixed-Use 7.8 12.1 What is the implied equity value per share based on operating income multiples? Please answer this in decimal format, e.g. 10.80

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