Question: If a security can easily be converted to cash without a loss in value, it is liquid. has a high after-tax yield. has high default

 If a security can easily be converted to cash without a

If a security can easily be converted to cash without a loss in value, it is liquid. has a high after-tax yield. has high default risk. is illiquid. Of the four securities listed below which one is the most liquid? short term investment grade securities. long term investment grade securities. short term high yield securities. long term high yield securities

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!