AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 245 Topic 25 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 245 Topic 25 Discussion

CWM_LEVEL_2 Exam Topic 25 Question 245 Discussion:
Question #: 245
Topic #: 25

Section A (1 Mark)

Which of the following statements about Real Estate Investment Trusts is/are true?


A.

REITs invest in real estate or loans secured by real estate.


B.

REITs raise capital by borrowing from banks and issuing mortgages.


C.

REITs are similar to open-end funds, with shares redeemable at NAV.


D.

Both A and B are true.


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