Which of the following is a characteristic of all liquid assets under Basel III?
A) uncertainty of valuation
B) high correlation with risky assets
C) listed on a developed and recognized exchange
D) readily marketable

Question

Quizplus · Accepted Answer

All liquid assets under Basel III must be readily marketable, which means they can be quickly and easily converted to cash without the need for a substantial discount in price. The other characteristics listed are not necessarily true for all liquid assets.

Which of the Following Is a Characteristic of All Liquid