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

Q4 The following information is segment data for USA REIT (USAR) and

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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