Question
Rank the following assets from MOST Liquid (1) to LEAST Liquid (8): Gold _____ Common Stock _____ Houses _____ Houses _____ Checking Account _____ Automobiles
Rank the following assets from MOST Liquid (1) to LEAST Liquid (8):
Gold _____
Common Stock _____
Houses _____
Houses _____
Checking Account _____
Automobiles _____
Currency _____
Camels _____
Explain why your FIRST choice is the MOST liquid and why your LAST choice is the least liquid.
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
