Real Estate Finance Midterm Keller Essay

1664 Words Jun 11th, 2013 7 Pages
1. | Question : | (TCO A) Real estate is an appropriate investment vehicle for ______________________________ . | | | Student Answer: | | individuals, but not for institutions such as pension funds and life insurance companies | | | | institutions such as pension funds and life insurance companies, but not for individuals | | | | individuals and institutions, depending upon their time horizons and investment goals | | | | investors in debt instruments but not for investors in equity instruments | | Instructor Explanation: C is the correct answer | Chapter 1 - page 6-7 | | | | Points Received: | 5 of 5 | | Comments: | | | | 2. | Question : | (TCO A) Which of the following is least …show more content…
| Question : | (TCO A,B,C) All of the following are locational characteristics, except _________________ . | | | Student Answer: | | neighborhood influences | | | | functional obsolescence | | | | externalities | | | | subdivision controls | | Instructor Explanation: B is the correct asnwer | Chapter 6 - page 113 | | | | Points Received: | 5 of 5 | | Comments: | | | | 9. | Question : | (TCO A,B,C) Which one of the following statements is true? | | | Student Answer: | | Debt-to-equity ratios are more often used in real estate finance than are loan-to-value ratios. | | | | Loan-to-value ratios are more often used in real estate finance than are debt-to-equity ratios. | | | | Neither of these ratios are commonly used in real estate finance. | | | | The choice of debt-to-equity ratio or loan-to-value ratio depends upon the borrower's tax position. | | Instructor Explanation: B is the correct answer | Chapter 7 - page136-140 | | | | Points Received: | 5 of 5 | | Comments: | | | | 10. | Question : | (TCO A,B,C) Which one of the following institution lenders accounts for the greatest volume of real estate loans? | | |

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