NO.PZ2016071602000023
问题如下：
Asset liquidity risk is most pronounced for
选项：
A. A $10 million position in distressed securities
B. A $10 million position in Treasury bonds
C. A $100 million position in distressed securities
D. A $100 million position in Treasury bonds
解释：
C is correct. Asset liquidity risk is a function of the size of the position and the intrinsic liquidity of the instrument. Distressed securities trade much less than Treasury bonds, so have more liquidity risk. A $100 million position is more illiquid than a $10 million position in the same instrument.
请问这里为什么distressed 更有流动性呢