Liquidity Index

Consider the following situation: A bank holds 40 per cent of its assets in liquid securities with a fair market value of $100 and the remaining 60 per cent of its assets in housing loans with a fair market value of $500. Further assume that in case of immediate liquidation, the bank would receive $90 for its liquid securities and $450 for its housing loans. What is the bank's liquidity index? Select one: O a. 0.67 O b. 0.54 O c. 0.19 O d. 0.90