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FIN333 Bank has two assets: 45 percent in one-month government bonds and 55 percent in housing loans. If the Bank must liquidate its bonds today,
FIN333 Bank has two assets: 45 percent in one-month government bonds and 55 percent in housing loans. If the Bank must liquidate its bonds today, it receives 99 percent of face value; if it can wait to liquidate them on maturity (in one month's time), it will receive 100 percent of face value. If the Bank has to liquidate its housing loans today, it receives 88 percent of face value. Liquidation at the end of one month will produce 92 percent of face value. The one-month liquidity index value for this FIN333 Bank's asset portfolio is (DO NOT round intermediate calculations. Round your answers to 4 decimal places.) FIN333 Bank has two assets: 45 percent in one-month government bonds and 55 percent in housing loans. If the Bank must liquidate its bonds today, it receives 99 percent of face value; if it can wait to liquidate them on maturity (in one month's time), it will receive 100 percent of face value. If the Bank has to liquidate its housing loans today, it receives 88 percent of face value. Liquidation at the end of one month will produce 92 percent of face value. The one-month liquidity index value for this FIN333 Bank's asset portfolio is (DO NOT round intermediate calculations. Round your answers to 4 decimal places.)
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