Which among the following assets is the most liquid?
A) corporate bonds
B) fine art
C) deposits that can be withdrawn using ATMs
D) mutual funds

Question

Quizplus · Accepted Answer

Deposits that can be withdrawn using ATMs are the most liquid asset as they can be easily converted into cash without significant cost or delay. Corporate bonds and mutual funds may take some time to sell and may involve transaction costs. Fine art may also take time to sell and may require appraisal and auction fees.

Which Among the Following Assets Is the Most Liquid