Which of the following terms or phrases does NOT apply to REITs?
A) Dividends taxed at full ordinary income rates.
B) Redeemable.
C) Managed.
D) Secondary market.
Answer: B) Redeemable.
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) Dividends taxed at full ordinary income rates.
B) Redeemable.
C) Managed.
D) Secondary market.
Answer: B) Redeemable.