Discussion
Liquidity is a financial institution's ability to meet its cash and collateral obligations without sustaining losses.
• Discuss why the degree of liquidity risk is different for different types of financial institutions (e.g., retail banks, life insurance companies, hedge funds).
• Discuss some of the risk management practices for liquidity risk.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.