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5. Return is what is earned on an investment. TF 6. A highly liquid asset would be difficult to convert into cash. T F 7.

5. Return is what is earned on an investment. TF 6. A highly liquid asset would be difficult to convert into cash. T F 7. IPO stands for initial public obligation. T . F 8. Valuation is the ease with which an item can be converted into cash. T F

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