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-Currently, MOST REITs Are:
A) Equity Trusts
B) Mortgage Trusts

Question 11

Multiple Choice

 Net revenue $20,000,000 Less:  Operating expenses 9,800,000 Depreciation and  amartization 4,400,000 Incame fram aperations 5,800,000 Less:  Interest expense 1,280,000 Net incame $4,520,000\begin{array} { l r } \text { Net revenue } & \$ 20,000,000 \\\text { Less: } & \\\text { Operating expenses } & 9,800,000 \\\text { Depreciation and } & \\\text { amartization } & \underline{4,400,000} \\\text { Incame fram aperations } & 5,800,000 \\\text { Less: } & \\\text { Interest expense } & \underline{1,280,000}\\\text { Net incame } &\$ \underline{4,520,000}\\\end{array}
-Currently, MOST REITs are:


A) Equity trusts
B) Mortgage trusts
C) Hybrid trusts
D) Partnership trusts

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