4.01 Financial Assets
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Which of the following assets is the most liquid?
A demand deposit in a bank
If the current interest rate increases, what will happen to the interest rate in price of previously issued bonds?
Interest rate constant; price decreases
Which of the following would increase the opportunity cost of holding money?
Interest rate increases
Which of the following accurately describes a difference between stocks and bonds?
Stocks are equity, while bonds are assets that bear interest
A given car loan is ___ for the creditor and ___ for the borrower.
an asset; liability
