The shares in an equity REIT are selling for a discount of 17%. If an investor invests
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The shares in an equity REIT are selling for a discount of 17%. If an investor invests directly in the underlying assets, he would earn 13.40%. By investing the same funds in the REIT and ignoring taxes, fees, commissions, etc., what is the investor's return?
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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