Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 1 of 9
Which of the following investments has the greatest liquidity?
B. REIT.
C. Minority stake in privately held firm.
D. Equity stake in early stage venture capital investment.
A. RELP.
B. REIT.
C. Minority stake in privately held firm.
D. Equity stake in early stage venture capital investment.
User Contributed Comments 4
| User | Comment |
|---|---|
| 0is4eva | Real Estate Limited Partnership (RELP) = A direct partnership program formed to build new structures and generate income from existing property, or profit from the capital appreciation of undeveloped land. Limited liability. Real Estate Investment Trust (REIT) = REITs invest in real estate or loans secured by real estate, and issue shares in such investments, the shares are traded on the stock market. A REIT is similar to a closed-end mutual fund. |
| aartis | REIT is a close ended mutual fund but the shares are traded in the stock market |
| zeiad | close ended mutual fund but shares are traded in the stock market |
| 923029 | Alot of the downtown properties on big cities are owned by REITS. |
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
explain features and characteristics of real estate
CFA® 2025 Level I Curriculum, Volume 5, Module 4.