A typical equity REIT seeks to earn returns for investors by:

1. AOwning and operating income-producing real estate✓ Correct answer
2. BIssuing collateralized mortgage obligations
3. CTrading stocks and bonds
4. DManaging private equity portfolios

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• A major risk of private equity funds for investors is:
• If an investor wishes to redeem units in a UIT prior to termination, they:
• A primary benefit of ETF intraday trading is:
• Which of the following is a key difference between ETFs and open-end mutual funds?