If a real property is sublease, the interest held by the sublessor is commonly known as a(n):

a. double lease
b. freehold lease
c. assignment
d. sandwich lease

Answer: d. sandwich lease

Business

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Is Chow's Statement #1 correct?

A. Yes. B. No, because credit risk must also be considered. C. No, because the risk of parallel shifts in the yield curve must also be considered.

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