NO.PZ2020012201000022
问题如下：
Which of the following statements regarding "REITs " is correct?
选项：
A.Deleveraging the REITs substantially reduces both their mean returns and their volatilities.
Deleveraging the REITs substantially increase both their mean returns and their volatilities.
Deleveraging the REITs substantially reduces their mean returns but increase their volatilities.
解释：
A is correct.
解析：去杠杆化房地产投资信托基金大大降低了它们的平均回报率和波动性。所以只有A选项正确。
REITs投资不能用杠杆，而Direct投资可以用杠杆，不是吗？是的话，为什么对比时要“deleverage REITs”再对比？不应该Deleverage direct investment‘s return再对比吗？
