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K A government bond is NOT as liquid as cash because the bond O A. can be exchanged only for the goods or services produced
K A government bond is NOT as liquid as cash because the bond O A. can be exchanged only for the goods or services produced by the company that issued the bond. always has a face value less than its actual value. cannot be converted to spendable dollars either until it matures or is sold to another investor. O B. OC. OD. must be exchanged for a stock certificate before it can be converted to spendable funds
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