Which of the following statements regarding real estate investments is false?
A) The large number of transactions and national data sources provide accurate readily available estimates of historical returns.
B) S&P/TSX had higher returns than 90-day Treasury-bill from 1993 to 2009.
C) S&P/TSX had lower returns than 90-day Treasury-bill from 1993 to 2009.
D) S&P/TSX had higher volatility than 90-day Treasury-bill from 1993 to 2009.
E) All of the above are false.
Correct Answer:
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