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Basic Question 8 of 18
Evaluating the quality of assets when investing in real estate can be ______
II. challenging for those unable to constantly travel to the real estate site.
III. difficult for those unfamiliar with site inspections.
I. disconcerting for those inexperienced at appraising real estate.
II. challenging for those unable to constantly travel to the real estate site.
III. difficult for those unfamiliar with site inspections.
User Contributed Comments 3
| User | Comment |
|---|---|
| poomie83 | How about a gold mine? Would the investor be disconcerted because they cant travel to it |
| moneyguy | What about the fountain of youth? |
| farhan92 | @moneyguy - easily done -just look into the revenues from botox and plastic surgery ! |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe classifications of assets and markets
describe the major types of securities, currencies, contracts, commodities, and real assets that trade in organized markets, including their distinguishing characteristics and major subtypes
CFA® 2024 Level I Curriculum, Volume 3, Module 1.