Which of the following assets is the MOST liquid? the money in your savings account, 100 shares of stock in a Fortune 500 company, the money in your wallet, a certificate of deposi... Which of the following assets is the MOST liquid? the money in your savings account, 100 shares of stock in a Fortune 500 company, the money in your wallet, a certificate of deposit that comes due in six months.
Understand the Problem
The question is asking which asset is considered the most liquid among the provided options. Liquidity refers to how quickly an asset can be converted to cash without losing value. To solve this, we analyze each option's liquidity.
Answer
The money in your wallet.
The money in your wallet is the most liquid asset.
Answer for screen readers
The money in your wallet is the most liquid asset.
More Information
The money in your wallet is considered the most liquid because it is already in cash form and can be used immediately without conversion.
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