What Are the Disadvantages Associated with Investing Directly in Real

question 112

Multiple Choice

What are the disadvantages associated with investing directly in real estate?

• A)Increasing property taxes and insurance costs
• B)Large investment of time and energy required
• C)Illiquidity
• D)All of the above are correct.
• E)Only A and C are correct.

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Definitions:

Probabilities P

A mathematical determination of the likelihood of a specific event occurring, usually expressed as a number between 0 and 1.

Event A

A specified outcome or set of outcomes of a random experiment.

Random Variable

A variable whose values are numerical and result from randomness.

Probability Distribution

A function in mathematics that offers the chances of various outcomes happening in an experiment.