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    Bank Management
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    Exam 11: Liquidity and Reserves Management: Strategies and Policies
  5. Question
    A(n)__________________ Is an Asset Which Can Be Converted into Cash
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A(n)__________________ Is an Asset Which Can Be Converted into Cash

Question 69

Question 69

Short Answer

A(n)__________________ is an asset which can be converted into cash easily,which has a relatively stable price,and is reversible so that the sellers can recover their original investment with little risk of loss.

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