Harrison Ford has invested in something that acts like a mutual fund and that invests in construction loans all over the country.He knows there are federal laws that require this type of investment to distribute at least 90 percent of the income to shareholders and that requires there be at least 100 shareholders.What type of investment has Harrison made?
A) limited partnership
B) equity REIT
C) mortgage REIT
D) hybrid REIT
E) participation certificate
Correct Answer:
Verified
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