13. Liquidity risk: (LO 11-2) a. Is the risk that you will not be able to cash...

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13. Liquidity risk: (LO 11-2)

a. Is the risk that you will not be able to cash out your investment quickly enough to either meet your cash flow needs or prevent a loss.

b. Only applies to the housing market.

c. Increases as the liquidity of an investment increases.

d. All of the above

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