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!