Which of the following is true?
A) Real Estate Investment Trusts (REITs) pool the funds of many small investors and use them to buy or build income property or to make or purchase mortgage loans.
B) Real Estate Investment Trusts (REITs) are pass-through enterprises in that rents from the income property or interest from the mortgages that the REIT owns are passed through to the shareholders.
C) Real Estate Investment Trusts (REITs) were authorized by Congress in 1960 to give small investors an opportunity to invest in commercial real estate.
D) All of the above are true.
Correct Answer:
Verified
Q36: Which of the following is true?
A)The trustee
Q37: A mutual fund that invests in a
Q38: High-yield bond funds invest most of their
Q39: Which of the following is false?
A)For any
Q40: Which of the following is false?
A)Hedge funds
Q42: A government-sponsored enterprise (GSE) created by Congress
Q43: Government-sponsored enterprises (GSEs) are
A)government held spending bonds.
B)publicly
Q44: Government-sponsored enterprises (GSEs) are
A)owned 50% by the
Q45: A government-sponsored enterprise (GSE) that issues bonds
Q46: Which of the following is false?
A)Sallie Mae
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