LTV

问题如下：

As the loan-to-value ratio increases for a real estate investment, risk most likely increases for:

选项：

A.

debt investors only.

B.

equity investors only.

C.

both debt and equity investors.

解释：

C is correct.

The higher the loan-to-value ratio, the higher leverage is for a real estate investment, which increases the risk to both debt and equity investors.

当LTV ratio越高的时候，不管是debt investor，还是equity investor, 风险都是越来越高。