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Stephanie Owns a House with an Acre of Land

Question 35

Multiple Choice

Stephanie owns a house with an acre of land. When her job relocates her to another state, she must sell her house quickly to get the cash she needs to move and buy a new house. The ability to turn her current house and land into cash quickly is called ________ risk.


A) currency
B) liquidity
C) financial
D) market
E) interest rate

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