Given the following information, calculate the price-ffo multiple for the following reit: net income: $1,200,000; gains/losses from infrequent and unusual events: $0; amortization of tenant improvements: $120,000; amortization of leasing expenses: $75,000; depreciation (real property): $2,675,000; stock price: $40; market capitalization: $40,000,000.

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.