Goals and Governance of the Firm Flashcards
1
Q
Real Assets
A
Real Assets is an investment asset class that covers investments in physical assets such as real estate, energy, and infrastructure. Real assets have inherent physical worth.
2
Q
Financial Assets
A
financial assets in that financial assets get their value from a contractual right and are typically intangible.
3
Q
opportunity cost
A
opportunity cost is the loss or the benefit that could have been enjoyed if the alternative choice was chosen.