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Question
Describe the properties of financial assets that determine or influence their attractiveness to different classes of investors.Key Issues:
a. Moneyness.
b. Divisibility and denomination.
c. Reversibility.
d. Term to maturity.
e. Liquidity.
f. Convertibility.
g. Currency.
h. Cash flow and return predictability.
i. Complexity.
j. Tax status.
Answer
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