Answer Happy

Which of the following are true when discussing the liquidity of
an investment?
Select one or more:
a.
Liquidity concerns are always secondary and lesser as compared
to the fees of a broker
b.
Liquidity has no impact on the performance of a portfolio
c.
Liquidity is not a practical concern for a portfolio manager as
they can simply post assets as collateral and gain whatever funds
they may require
d.
Liquidity is never a concern with respect to bonds and other
fixed income products
e.
Liquidity is sometimes measured as a bid-ask spread divided by
the most recent trade price
f.
Liquid assets should, in theory, be easily converted into cash
quickly and without much loss of value