SIE - Securities Industry Essentials Exam
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An investor can get exposure to the housing market via a liquid instrument that trades on major exchanges though
MBSs
A
CDOs
B
DPPs
C
REITs
D
Explanations
The answer is ( D ) - Real Estate Investment Trusts. They come in different types and offer exposure to real estate without the liquidity issues. ( A ) is a mortgage backed security ( B ) collateralized debt obligation ( C ) is a direct participation program. Gotta know those acronyms!
Pricing
Basic
Part of the questions for each course
-
- Course
- Questions
-
- SIE
- 20 of 150
-
- Series 6
- 30 of 500
-
- Series 7
- 50 of 625