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________ is a position in which, if a property's return is in excess of its debt cost, the investor's return will be increased to a level well above what could have been earned from an all-cash real estate deal.
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B. Excess financing
C. Negative leverage
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Explanation:
Explanation/Reference:
Explanation:
Remember that, in real estate, the use of debt financing to purchase a piece of property will affect its risk- return parameters.
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