Response to the following problem:
Contact a stockbroker and obtain and study a copy of a product disclosure statement for a popular real estate investment trust (REIT).
a. Indicate what type of REIT (equity, mortgage or hybrid) it represents.
b. Evaluate the quality of the properties it holds.
c. Assess the REIT's financial and management track record, using the Internet to provide current performance data.
d. Would you invest in this REIT? Explain why, including how it does or doesn't meet your investment objectives.