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An Fl has the following two assets (% portfolio weight): One-month Treasury bills (10%) Real estate loans (90%) If the DI must liquidate its T-bills

An Fl has the following two assets (% portfolio weight):
One-month Treasury bills (10%)
Real estate loans (90%)
If the DI must liquidate its T-bills today, it receives $98 per $100 of face value; if it can wait
to liquidate them on maturity (in one month's time), it will receive $100 per $100 of face
value. If the DI has to liquidate its real estate loans today, it receives $85 per $100 of face
value, and liquidation at the end of one month will produce $94 per $100 of face value.
What is the one-month liquidity index value for this DI's asset portfolio?
(Please put your answer in decimals (not in percentage points) and round your answer to decimal places )

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