Question $3$

$2\mathrm{.}5$ pts

Capital structure decisions in finance traditionally focus on publicly$-$traded corporations. However, in RE capital structure decisions are usually focused at the property$/$asset level.

True

False

Question $4$

$2\mathrm{.}5$ pts

In a waterfall agreement, some seemingly simple words are used to specify a particular payment of cash flows, and are thus very important. For example, return capital is when the investor is repaid his$/$her original capital contribution.

taxed

none of these are correct

of

Question $5$

$2\mathrm{.}5$ pts

What is it called when investors are $"$on equal footing" in regards to distributions from a JV deal $($that is$,$ distributions are split pro rata based on the $\%$ of each investor's capital relative to the total capital in the deal$)?$

pari passu

modified pro rata

molon labe

None of these are correct

easy peasy lemon squeezy