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Question 3 O out of 1428 points A REIT with 100 shares outstanding ears $1,000 in rent and incurs operating expenses of $400. In addition,

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Question 3 O out of 1428 points A REIT with 100 shares outstanding ears $1,000 in rent and incurs operating expenses of $400. In addition, the REIT owns properties with a historic cost of $6,000 and depreciates them over a 15-year period using straight-line depreciation. What is the minimum dividend per share this REIT must pay to shareholders? Selected Answer: 4

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