Which of the following has highest level of liquidity?a. Mutual Fundsb. Fixed depositc. Real estated. Gold
Question
Solution 1
The level of liquidity of an asset refers to how quickly it can be converted into cash without affecting its market price. Here is a step-by-step analysis of the liquidity of the options provided:
a. Mutual Funds: Mutual funds are quite liquid as they can be sold on any business day to receive cash Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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