{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

2007 - Name ID number True False Questions(50 points in...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Name: ID number: 2 True / False Questions (50 points in total) Please fill in the correct answer on the supplied computer form! Do not give your answer to the T/F questions here! Ignore the question mark, if provided. 1. Direct Real Estate has a major role on the liability side of a pension fund. TRUE / FALSE 2. According to Eichholtz (1996), international diversification works better for property shares than for stocks and bonds. TRUE / FALSE 3. Foreign investors usually have less information on direct real estate markets than local players do. TRUE / FALSE 4. According to Eichholtz (1996), the international correlations among indirect real estate returns are somewhere between those of bond returns and common stock returns. TRUE / FALSE 5. A mortgage is a debt asset in a private market. TRUE / FALSE 6. Asset backed securities are equity assets in a public market. TRUE / FALSE 7. The market approach leads to better results than the CAPM approach for real estate. TRUE / FALSE 8. The advantage of property shares is the low correlation to equity returns. TRUE / FALSE 9. Demographic changes will first affect the housing market, then the office market. TRUE / FALSE
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Name: ID number: 3 10. The shares of open-end funds trade at prices that can differ from net asset value (NAV). TRUE / FALSE 11. Closed-end fund shares usually trade above NAV. TRUE / FALSE 12. The offering price of a share in an open-end fund cannot exceed NAV. TRUE / FALSE 13. Back-end loads are periodically deducted from the assets of a fund. TRUE / FALSE 14. Investors are not explicitly billed for 12b-1 charges. TRUE / FALSE 15. The prices of Exchange Traded Funds (ETF) can depart from NAV. TRUE / FALSE 16. Charging redemption fees if a mutual fund is sold within 5 days of purchase will limit the impact of late trading using stale prices. TRUE / FALSE 17. Based on Otten & Bams (2002), European small-cap funds are able to add value. TRUE / FALSE 18. European mutual funds profit from economies of scale, according to Otten & Bams (2002).
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern