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Chartered Financial Analyst Level 2

Chartered Financial Analyst Level 2

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An analyst gathers the following information about three publicly traded real estate securities:

Security 1Security 2Security 3
Percentage of assets for sale, under development0750
Percentage of income derived from interest on mortgages90575
Percentage of taxable income distributed to shareholders9010050

Which of the following real estate securities most likely qualifies as a tax-advantaged REIT?

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