Question
Which statement regard REITs is false? Unlike UITs, REITs have a limited lifespan. Equity REITs make direct investments in rental and commercial property. REITs are
Which statement regard REITs is false?
Unlike UITs, REITs have a limited lifespan.
Equity REITs make direct investments in rental and commercial property.
REITs are a type of closed-end investment company.
REITs must distribute 90 percent of taxable income to shareholders each year.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
