Final answer:
Bonds are the most illiquid investment option compared to stocks, mutual funds, and IRAS.
Explanation:
Illiquid refers to an investment that cannot be easily sold or converted to cash quickly without a significant loss in value.
Among the given options, bonds are typically the most illiquid investment because they often have fixed maturity dates where the investor must hold the bond until maturity to receive the principal along with periodic interest payments.
On the other hand, stocks, mutual funds, and IRAS can usually be more easily bought or sold on the stock market, making them relatively more liquid.
Learn more about Investment Options here:
https://brainly.com/question/43667363
