The Liquidity of an Asset Is Defined as The

The liquidity of an asset is defined as the:

A) ability to predict the future cash flow of the asset.
B) ability to index the asset's returns to the inflation rate.
C) risk that if you need to sell the asset quickly, you may not be able to get a good price for it.
D) ability to quickly and easily convert the asset to cash, with little or no loss in value.