Series 7 - General Securities Representative Exam
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Rank the following investments in terms of liquidity from highest to lowest.
T-bills, Hedge Funds, Mutual Funds, Oil & Gas DPP
A
T-bills, Mutual Funds, Hedge Funds, Oil & Gas DPP
B
T-bills, Oil & Gas DPP, Mutual Funds, Hedge Funds
C
T-bills, Hedge Funds, Oil & Gas DPP, Mutual Funds
D
Explanations
T bills are the most liquid security. Mutual funds are next. Hedge funds are 3rd as they may have lockup periods. DPPs are highly illiquid