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. Liquidity Consider the relative liquidity of the following assets: Assets 1 . A bond issued by a publicly traded company 2 . The funds

.

Liquidity

Consider the relative liquidity of the following assets:

Assets

1 .

A bond issued by a publicly traded company

2 .

The funds in a savings account

3 .

A $

1

bill

4 .

A painting you own

Select the assets in order of their liquidity, from most liquid to least liquid.

Asset

Most Liquid

Second

-

Most Liquid

Third

-

Most Liquid

Least Liquid

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