|
LOS g: Evaluate the advantages and disadvantages of direct equity investments in real estate.
Q1. Direct equity real estate investing has the following disadvantages over indirect real estate investing EXCEPT:
A) less control over the investment’s performance.
B) political risk.
C) high commissions.
Q2. Direct equity real estate investing has all of the following advantages over indirect real estate investing EXCEPT:
A) lower information costs.
B) tax deductible expenses.
C) the ability to manage geographic diversification.
Q3. Compared to stocks, direct equity investments in real estate have had:
A) higher volatility of returns.
B) lower volatility of returns.
C) about the same volatility of returns. | 
发表于 2009-3-11 09:32
| 
