Which of the following assets is the least liquid? A) A House B) Currency C) A...
Which of the following assets is the least liquid?
A) A House
B) Currency
C) A Three-Month Treasure Bill
D) A Share of publicly traded stock
Homework Answers
Answer
Option A
A house
Liquidity means the convertibility of asset into money
the most liquid is a currency, then shares and then three money treasury bills and last is the House as the house takes many rules and laws into account for transfer and all which takes time to get money.
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Which of the following assets is the least liquid?
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