A real estate investment trust (REIT) is a type of closed-end investment company
Indicate whether the statement is true or false
TRUE
You might also like to view...
When a company purchases treasury stock, which of the following statements is true?
a. Treasury stock is considered to be an asset because cash is paid for the stock. b. The cost of the treasury stock reduces stockholders' equity. c. Dividends continue to be paid on the treasury stock because it is still issued. d. Since treasury stock is held by the original issuer, it is no longer considered to be issued.
Which traditional tort would be the best cause of action to assert for destruction of natural resources such as air, water, and land?
a. Abuse of process b. Negligence c. Assault d. Battery
A commercial bank recognizes that its net income suffers whenever interest rates increase. Which of the following strategies would protect the bank against rising interest rates?
A. Buying inverse floaters. B. Entering into an interest rate swap where the bank receives a fixed payment stream, and in return agrees to make payments that float with market interest rates. C. Purchase principal only (PO) strips that decline in value whenever interest rates rise. D. Enter into a short hedge where the bank agrees to sell interest rate futures. E. Sell some of the bank's floating-rate loans and use the proceeds to make fixed-rate loans.
Given actual amounts of a semi-variable cost for various levels of output, the method that will always give the most reliable measure of the fixed and variable components is the:
A. high-low method. B. scattergraph method. C. linear regression method. D. account analysis method.