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Xerox Corporation has acquired Acme Corporation. To help finance the takeover, Conglomerate will liquidate the overfunded portion of Acme's pension fund. The face values and

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Xerox Corporation has acquired Acme Corporation. To help finance the takeover, Conglomerate will liquidate the overfunded portion of Acme's pension fund. The face values and current and one-year future liquidation values of the assets that will be liquidated are given below: Liquidation Values T=0 $9,900 T-1 $10,800 $4,600 $14,000 Asset Face Value IBM stock GE bonds Treasury $10,000 $5,000$4,200 $15,000 $13,500 1. Calculate the 1-year liquidity index for these securities

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