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Rank the Following Assets from Least Liquid to Most Liquid

Question 2

Multiple Choice

Rank the following assets from least liquid to most liquid: U.S. Treasury bills; corporate bonds issued by Jimmy's Motorcycle Emporium; municipal bonds issued by the city of Orlando.


A) Orlando, Jimmy's, U.S. Treasury
B) Jimmy's, Orlando, U.S. Treasury
C) Jimmy's, U.S. Treasury, Orlando
D) Orlando, U.S. Treasury, Jimmy's

Correct Answer:

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