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1. The marketability characteristic of an asset refers to the speed with which the asset can be converted into cash without loss of value. True
1. The marketability characteristic of an asset refers to the speed with which the asset can be converted into cash without loss of value. True or False
2. In a secondary market transaction, the funds move from a buyer of the security to the seller of the secrity rather than to the issuer of the security. The issuer of the security is only interested in the price at which the securities were sold. True or False
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