Give two reasons for holding liquid assets. Identify and briefly describe the popular types of liquid assets.

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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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Question Posted: Feb 13, 2015 09:29 AM

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Give two reasons for holding liquid assets. Identify and briefly describe the popular types of liquid assets.

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Liquid assets are held for two broad reasons 1 To meet known nearterm spending needs 2 To meet unpla...View the full answer

Personal Financial Planning

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