The Acme Corporation has been acquired by the Conglomerate Corporation. To help finance the takeover, Conglomerate is going to liquidate the overfunded portion of Acmes pension fund. The assets listed below are going to be liquidated. Listed are their face values, liquidation values today, and their anticipated liquidation values one year from now (their fair market values).

Asset	Face Value	Current Liquidation Value	One-Year Liquidation Value
IBM stock	$12,000	$11,900	$14,000
GE bonds	6,000	5,000	5,500
Treasury securities	32,000	30,000	31,000

Calculate the one-year liquidity index for these securities. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

One-year liquidity index