Single choice4)An example of a highly liquid assets is a:Treasury bill (T-bill)High yield bondCommercial real estate property
Question
Solution 1
The correct answer is Treasury bill (T-bill).
Here's why:
Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price. The most liquid assets are cash and securities that can be sold immediately at a stable price.
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