Advantages of Holding Money Rather Than Less Liquid Assets Such

Advantages of holding money rather than less liquid assets such as bonds or stocks include

A) the ability to engage in day-to-day transactions with ease and convenience
B) the ability to take advantage of unforeseen opportunities to make potentially profitable purchases
C) the lowering of overall portfolio risk
D) protection against loss in the market values of other assets in periods of rising interest rates
E) all of the above