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which of the following statements regarding liquidity and marketability is correct? I. Liquidity is the ability to sell an investment quickly in a readily identifiable
which of the following statements regarding liquidity and marketability is correct?
I. Liquidity is the ability to sell an investment quickly in a readily identifiable market.
II Marketability is the ability to sell or redeem an investment quickly and at a known price without a significant loss of principal.
A Both I and II
B Neither I or II
C II only
D I only
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