Liquidity refers to the ease with which an asset can be bought or sold in the market without affecting its price.

A. AAA rated corporate debt - This is likely to be quite liquid as it is high-quality debt from a reputable corporation.

B. Australian government bonds - These are typically very liquid as they are backed by the government and are widely traded.

C. The stock of an ASX200 company - Stocks of companies listed on major stock exchanges like the ASX200 are typically very liquid.

D. A piece of art by a famous artist - Artwork is typically the least liquid of these assets. The market for art can be unpredictable and it can take a long time to find a buyer willing to pay the desired price. Additionally, the price of art can be highly subjective and can vary greatly depending on the buyer.

Therefore, the answer is D. A piece of art by a famous artist.

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Liquidity refers to the ease with which an asset can be bought or sold in the market without affecting its price.

A. AAA rated corporate debt - This is likely to be quite liquid as it is high-quality debt from a reputable corporation.

B. Australian government bonds - These are typically very liquid as they are backed by the government and are widely traded.

C. The stock of an ASX200 company - Stocks of companies listed on major stock exchanges like the ASX200 are typically very liquid.

D. A piece of art by a famous artist - Artwork is typically the least liquid of these assets. The market for art can be unpredictable and it can take a long time to find a buyer willing to pay the desired price. Additionally, the price of art can be highly subjective and can vary greatly depending on the buyer.

Therefore, the answer is D. A piece of art by a famous artist.

Knowee AI · Accepted Answer

Liquidity refers to the ease with which an asset can be bought or sold in the market without affecting its price.

A. AAA rated corporate debt - This is likely to be quite liquid as it is high-quality debt from a reputable corporation.

B. Australian government bonds - These are typically very liquid as they are backed by the government and are widely traded.

C. The stock of an ASX200 company - Stocks of companies listed on major stock exchanges like the ASX200 are typically very liquid.

D. A piece of art by a famous artist - Artwork is typically the least liquid of these assets. The market for art can be unpredictable and it can take a long time to find a buyer willing to pay the desired price. Additionally, the price of art can be highly subjective and can vary greatly depending on the buyer.

Therefore, the answer is D. A piece of art by a famous artist.

Which of the following is likely the least liquid asset?A.AAA rated corporate debt.B.Australian government bonds. C.The stock of a ASX200 company.D.A piece of art by a famous artist.

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