Which of the Following Statements Regarding Real Estate Investments Is

Multiple Choice

Which of the following statements regarding real estate investments is false?

A) The large number of transactions and national data sources provide accurate readily available estimates of historical returns.
B) S&P/TSX had higher returns than 90-day Treasury-bill from 1993 to 2009.
C) S&P/TSX had lower returns than 90-day Treasury-bill from 1993 to 2009.
D) S&P/TSX had higher volatility than 90-day Treasury-bill from 1993 to 2009.
E) All of the above are false.