Rank the Following Assets from Least Liquid to Most Liquid

question 2

Multiple Choice

Rank the following assets from least liquid to most liquid: U.S. Treasury bills; corporate bonds issued by Jimmy's Motorcycle Emporium; municipal bonds issued by the city of Orlando.

• A)Orlando, Jimmy's, U.S. Treasury
• B)Jimmy's, Orlando, U.S. Treasury
• C)Jimmy's, U.S. Treasury, Orlando
• D)Orlando, U.S. Treasury, Jimmy's

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Definitions:

Government Regulation

The laws and rules established by government bodies to control and guide the activities of businesses and individuals.

Herfindahl Index

A measure of the concentration and competitiveness of an industry; calculated as the sum of the squared percentage market shares of the individual firms in the industry.

Market Share

The proportion of total sales or business a company secures within a particular market, compared to its competitors.

Conglomerate Merger

A business combination of two or more unrelated companies, usually to diversify product lines or markets.