Which of the following statements about real estate investment trusts is true? A. REITs may be equity trusts or mortgage trusts. B. REITs may be equity trusts or mortgage trusts and are usually highly leveraged. C. All of the options are true. D. REITs are similar to closed-end funds. E. REITs are usually highly leveraged.

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
Problem 6LO
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Which of the following statements about real estate investment trusts is true?

A. REITs may be equity trusts or mortgage trusts.
B. REITs may be equity trusts or mortgage trusts and are usually highly leveraged.
C. All of the options are true.
D. REITs are similar to closed-end funds.
E. REITs are usually highly leveraged.
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