Alternatives

Question 1

What is included as part of the NAVPS net asset value per share calculation?

Answer 1

NAVPS includes capitalisation of net opertating income (NOI), addtional tangible assets, and deduction of liabilities.

Question 2

Calculate the return of commodity futures.

Answer 2

Total return = spot return + roll return + collateral return

Question 3

Calculate the PV of a property.

Answer 3

PV(n) = [Net operating income ( 1+ g)] / (discount rate - growth rate)

Question 4

Explain the following

Paid in Capital
Distributed to paid in
Residual value to paid in
Total value to paid in

Answer 4

Paid in Capital - Paid in capitalto date as a % of comitted capital

Distributed to paid in (DPI) - Cumulative distributions paid out to Limited parter (LP) s as % of the cumulative invested capital [Cash paidout, realised return]

Residual value to paid in (RVPI) - Value of LP holdings as a % of cumulative invested capital [Unrealised return]

Total value to paid in - Sum of DPI and RVPI as percentage of cumulative invested capital.