NAVPS Schweser Mock Exam #5 AM (Q45)

Hi!

Isn’t the NAVPS calculation for REITS: NOI1/cap rate + other assets - other liabilities?

There’s a question on Schweser’s mock where the only thing they do is: NOI1/cap rate and they totally ignore assets and/or liabilities… can someone help pls?

Thanks!!

Sorry, my bad!!! I misread some numbers. Thank you anyway for having a look!

lol… you are welcome