Question

anna buys a piece of land and expects its value to increase over time. the lands value is subject to real - estate market fluctuations. is it a variable investment, and why or why not? yes, because it guarantees the return of principal. no, because it is not affected by market conditions. yes, because it has variable returns. no, because it offers fixed income

Explanation:

Variable investments have returns that fluctuate based on market - related factors. Since the land's value is subject to real - estate market fluctuations, its returns are variable. It does not guarantee the return of principal, is affected by market conditions, and does not offer fixed income.

Answer:

C. Yes, because it has variable returns.