A liquid financial asset can be quickly converted into cash,but there is often a large loss of value as a result of the quick conversion to cash.
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Q1: One could expect to earn a higher
Q5: A primary reason for holding liquid assets
Q6: Deregulation of financial institutions in the 1980s
Q7: The market value of liquid assets fluctuates
Q7: FDIC covers stocks,bonds,and mutual funds purchased at
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