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Which of the following statements is true? REITs provide less diversification than private market property investment to a wealth portfolio dominated by stocks and bonds

Which of the following statements is true?

REITs provide less diversification than private market property investment to a wealth portfolio dominated by stocks and bonds

REITs are more liquid than investments in the directly-held real estate market.

REITs may be of greater diversification benefit to investors whose stock holdings are dominated by large-cap (larger company) stocks than those holding small-cap (smaller company) stocks.

Each of the statements listed is true.

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