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    Question

    What is an actual ownership interest in a specific

    asset or group of assets?
    A Fund Correct Answer Incorrect Answer
    B cover Correct Answer Incorrect Answer
    C Equity Correct Answer Incorrect Answer
    D Liquidity Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price.

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