Multiple Choice
Which of the following statements about real estate limited partnerships (RELP) is false?
A) RELPs invest in real estate or loans secured by real estate.
B) RELPs raise capital by borrowing from banks and issuing mortgages.
C) RELPs are similar to open-end funds,with shares redeemable at NAV.
D) All of these are true.
E) Both a and b are true.
Correct Answer:
Verified
Correct Answer:
Verified
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