Real estate investment trusts (REITs) are:
A) financial intermediaries which take deposits from individuals and corporations,and lend these funds to real estate investors.
B) fund management companies that pool money from real estate investors and other financial intermediaries to fund relatively small,new businesses,generally with private equity financing.
C) property portfolios that list and trade like shares of equity on an exchange,as a percentage of the book values of their assets.
D) investment bankers which raise money for corporations by marketing and selling securities.
Correct Answer:
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