WITH RESPECT TO COMMENT 1 MADE BY THE INVESTMENT COMMITTEE, IT...

43. - CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A
CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A

43. With respect to comment 1 made by the investment committee, it is most likely that the

Foundation should invest in:

A. direct real estate.

B. real estate investment trusts (REITs).

C. both direct real estate and REITs.