An investor who desires the ability to have quick and easy access to cash would prefer to hold which type of asset?
A) risky
B) liquid
C) tax free
D) any form of bond

Question

Quizplus · Accepted Answer

Liquid assets are those that can be easily turned into cash without losing significant value, making them a preferred choice for investors who need quick access to cash. Risky assets are those with unpredictable returns and potentially high losses, while tax-free assets provide a tax benefit but do not necessarily impact liquidity. Bonds may or may not be liquid depending on their specific terms and conditions.

An Investor Who Desires the Ability to Have Quick and Easy