The Acme Corporation has been acquired by the Conglomerate Corporation

The Acme Corporation has been acquired by the Conglomerate Corporation. To help finance the takeover, Conglomerate is going to liquidate the overfunded portion of Acme's pension fund. The assets listed below are going to be liquidated. Listed are their face values, liquidation values today, and their anticipated liquidation values one year from now (their fair market values). Asset IBM stock GE bonds Treasury securities Face Value $ 17,000 5,000 22,000 Current Liquidation Value $ 16,900 3,000 16,000 One-Year Liquidation Value $ 17,500 4,600 20,000 Calculate the one-year liquidity index for these securities. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) One-year liquidity index