Question: A liquid asset is one that can be quickly converted to a spendable commodity such as cash without incurring large transactions costs or uncertainty in

A liquid asset is one that can be quickly converted to a spendable commodity such as cash without incurring large transactions costs or uncertainty in value. Given this, rank the following investments from most liquid to least liquid: Cash, Common Stocks, Bonds, Real Estate, Savings Accounts, CD

,

Checking Accounts.Explain how you arrived at each assets ranking and share your personal financial experience with any that apply.

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