- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 1. Market Organization and Structure
- Subject 2. Assets and Contracts
CFA Practice Question
Evaluating the quality of assets when investing in real estate can be ______
II. challenging for those unable to constantly travel to the real estate site.
III. difficult for those unfamiliar with site inspections.
I. disconcerting for those inexperienced at appraising real estate.
II. challenging for those unable to constantly travel to the real estate site.
III. difficult for those unfamiliar with site inspections.
Correct Answer: I, II and III
User Contributed Comments 3
User | Comment |
---|---|
poomie83 | How about a gold mine? Would the investor be disconcerted because they cant travel to it |
moneyguy | What about the fountain of youth? |
farhan92 | @moneyguy - easily done -just look into the revenues from botox and plastic surgery ! |