A depository institution has the following assets in its portfolio: $17 million in cash reserves with the Reserve Bank, $18 million in T-notes and $74 million in mortgage loans. If the assets need to be liquidated at short notice, the depository institution will receive only 99 per cent of the fair market value of the T-notes and 84 per cent of the fair market value of the mortgage loans. Estimate the liquidity index for the portfolio. (round to four decimal places).