Which of the following must be true for an asset to be considered 'liquid'?
A) It pays regular dividends.
B) It is offered for sale on both primary and secondary markets.
C) It can be bought and sold at an organised stock market or bourse.
D) It can be easily bought and sold, and the selling price is very close to the buying price at a given point in time.
Correct Answer:
Verified
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