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Which of the following statements regarding the attributes of financial assets is true: a. Liquidity total financial compensation received from an investment expressed as a
Which of the following statements regarding the attributes of financial assets is true:
a. | Liquidity total financial compensation received from an investment expressed as a percentage of the amount received. | |
b. | Time pattern of cash flows ability to sell an asset within a reasonable time at current market prices and for reasonable transaction costs. | |
c. | All of the given answers. | |
d. | Risk probability that the actual return on an investment will vary from the expected return. |
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