Series 7 - General Securities Representative Exam
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A hybrid REIT
Combines property ownership with municipal bonds
A
Combines property ownership with ETFs
B
Combines property ownership with MBSs
C
Combines property ownership with DPPs
D
Explanations
A hybrid REIT combines the stability of property ownership with the income potential of MBSs (mortgage backed securities). It is an equity REIT and a mortgage REIT in one product. DPPs are direct participation programs. ETFs are exchange traded funds