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David Harris Has Invested in Something That Acts Like a Mutual

question 129

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David Harris has invested in something that acts like a mutual fund and that invests in construction loans and property all over the country.This investment trades on the New York Stock Exchange.What type of investment has David made?


Definitions:

Financing Activities

Transactions that result in changes to the size and composition of the equity capital or borrowings of a company.

Acquiring Investments

The process of purchasing assets or securities with the expectation of generating income or profit.

Issuing Debt

The process by which a company borrows money through the sale of bonds or other financial instruments to finance its operations or projects.

Lending Money

The act of giving money to another party with the expectation that the money will be paid back, typically with interest.

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