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QUESTION 1 Check all true statements regarding requirements for a fund to be a REIT Have a minimum of 100 shareholders Pay 90% of its
QUESTION 1 Check all true statements regarding requirements for a fund to be a REIT Have a minimum of 100 shareholders Pay 90% of its income in the form of shareholder dividends every year Real estate should constitute at least 75% of its total assets Derive at least 50% of its gross income from income generated by real estate Invest only in Commercial Real Estate buildings
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