What makes an asset liquid? Why hold liquid assets? Would 100 shares of IBM stock be considered

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What makes an asset liquid? Why hold liquid assets? Would 100 shares of IBM stock be considered a liquid investment? Explain.

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:26 AM

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What makes an asset liquid? Why hold liquid assets? Would 100 shares of IBM stock be considered

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An asset is liquid if it can be converted to cash sold easily and quickly with littl...View the full answer

Fundamentals of Investing

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