Unlike Many Publicly Traded Stock and Bond Investments, Commercial Real

Multiple Choice

Unlike many publicly traded stock and bond investments, commercial real estate investments:

A) can be bought and sold in highly liquid markets.
B) yield maximized returns when assets are held for short periods of time.
C) yield returns generated mostly from the asset's net operating income, rather than price appreciation.
D) have going-in and going-out transaction costs that are low (as a proportion of asset value) .