SIE Exam Question 760: Answer and Explanation

Question: 760

Which of the following lists the assets provided in the correct order from most liquid to least liquid?

(1) Real estate

(2) Treasury bills

(3) Limited partnership

(4) Investment-grade corporate bonds

• A. 2, 1, 4, 3
• B. 4, 2, 3, 1
• C. 3, 1, 4, 2
• D. 2, 4, 1, 3

Correct Answer: D

Explanation:

The assets ranked from most liquid to least liquid are Treasury bills, investment-grade corporate bonds, real estate, and the limited partnership.