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Business, 18.08.2021 02:10 kat5669

Consider the relative liquidity of the following assets: Assets

1.A $5 bill
2.The funds in a savings account
3.A boat you own
4.A bond issued by a publicly traded company
Select the assets in order of their liquidity, from most liquid to least liquid.

Asset

Most Liquid
Boat

$5.00 bill

Funds in a savings account

Bond

Second-Most Liquid
Funds in a savings account

Boat

$5.00 bill

Bond

Third-Most Liquid
Bond

Boat

$5.00 bill

Funds in a savings account

Least Liquid
Funds in a savings account

$5.00 bill

Bond

Boat

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Answers: 2

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Consider the relative liquidity of the following assets: Assets

1.A $5 bill
2.The...
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