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Suppose that you are analyzing a REIT, and that you expect the compary to have $2,450,000 in reportable. net earnings. You also expect that the

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Suppose that you are analyzing a REIT, and that you expect the compary to have $2,450,000 in reportable. net earnings. You also expect that the company to have $550,000 in non-cash expenses (depreciation. amortization, etc.). Assume that the company has 1 million shareholders and that it pays out 908 of its cash flow in dividends. What do you expect FFO per share to be? $4.50 $240 $3.90 $3.00 $3.40

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