Question
Question 4 The equity REIT A currently (current time is end of 2005) trades at $120/share. In the past year, the realized rate of return
Question 4
The equity REIT A currently (current time is end of 2005) trades at $120/share. In the past year, the realized rate of return on A has been 10%, and As cap rate at the beginning of year was 13%. REIT A distributed all of its NOI in the past year to its shareholders in the form of dividends. What was the trading price of A at the beginning of 2005?3
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Property Finance
Authors: David Isaac
2nd Edition
0333987144, 978-0333987148
