CHAPTER 20 QUIZ 56 TO 60

CHAPTER  20   QUIZ   56  TO  60
56. Real assets are:
A. Tangible assets that may be seen, felt, held, or collected
B. Paper assets that are usually traded over an exchange
C. Also known as financial assets
D. Are not diversifiable
57. The Shared Appreciation Mortgage:
A. Has the interest adjusted regularly
B. Has the payments start out on a relatively low basis and increase over the life of the loan
C. Has the term of the loan adjusted regularly
D. All of the above
58. Equity participation:
A. Is popular in commercial real estate
B. Lets the lender provide borrowed capital
C. Lets the lender provide part of the equity or ownership funds
D. All of the above
59. Real estate investment trusts are similar to mutual funds or investment companies because:
A. They do not trade on organized exchanges, but do trade over-the-counter
B. They pool investors' funds
C. They are both limited partnerships
D. All of the above
60. Which of the following is not a real asset?
A. Mickey Mantle baseball card
B. 100 shares of an REIT
C. Gold bullion
D. An apartment complex

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