Compared to other investments, which of the following is not a disadvantage of investing in real assets?    The initial amount of money is usually large    The absence of a relatively efficient, liquid market    High transaction and incidental costs    All of the above are disadvantages   The most significant advantage(s) of limited partnerships are:    limited liability of limited partners, and direct assignment of profits and losses to the partners.    unlimited liability of general partners.    favorable tax treatment of capital gains and management participation features.    None of the above

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Compared to other investments, which of the following is not a disadvantage of investing in real assets?

 

 The initial amount of money is usually large 

 

The absence of a relatively efficient, liquid market 

 

High transaction and incidental costs 

 

All of the above are disadvantages

 

The most significant advantage(s) of limited partnerships are: 

 

limited liability of limited partners, and direct assignment of profits and losses to the partners.

 

 unlimited liability of general partners. 

 

favorable tax treatment of capital gains and management participation features. 

 

None of the above

 

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