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An investment is said to be liquid if the investment: A. can easily be converted into cash B. has a large bidminus ask spread C.

An investment is said to be liquid if the investment:

A.

can easily be converted into cash

B.

has a large

bidminus

ask

spread

C.

is traded on a stock exchange

D.

has large

dayminus

tominus

day

fluctuations in price

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