Identify the Correct Statement Regarding Traditional Public Unit Trusts

question 91

Multiple Choice

Identify the correct statement regarding traditional public unit trusts.

• A)Property unit trusts are usually not listed on an exchange.
• B)Public unit trusts are established by financial institutions to earn a spread between the cost of funds and the returns earned on investments.
• C)Property trusts mainly buy large commercial real estate such as shopping centres.
• D)Most property trusts have an 'open-ended' structure.
• E)Most equity trusts have a 'closed-ended' structure.

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Definitions:

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The goal-oriented examination and review of a matter to reach a conclusion.