Futures and options may be used to increase and decrease asset class exposures. ... Derivative securities cannot be used to alter exposure to all asset classes (e.g., real estate) due to lack of availability. ... Both contentions are based on real estatea#39;s historical average return along with its low correlation with other assetanbsp;...
|Title||:||Solutions Manual for Use with Investments|
|Author||:||Zvi Bodie, Alex Kane, Alan J. Marcus|