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6. A fund is met with redemptions and must liquidate some of their holdings. What is their liquidity index? (20 points) Liq. Value Fair Market

6. A fund is met with redemptions and must liquidate some of their holdings. What is their liquidity index? (20 points)

Liq. Value Fair Market Value

IBM stock $42,000,000 $52,000,000

GE bonds $29,000,000 $31,000,000

T-bonds $50,000,000 $51,000,000

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