Question: Which factor makes an asset liquid? A . The asset must be able to be exchanged for cash at a predetermined price. B . The

Which factor makes an asset liquid?
A. The asset must be able to be exchanged for cash at a predetermined price.
B. The asset must be able to be exchanged for no less cash than its purchase price.
C. The asset must be able to be exchanged for cash quickly.
D. Both (A) and (C) are correct.
E. Both (B) and (C) are correct.

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