In the even of an unexpected and severe drain on deposits in the next 3 days, and 10 days, the depository institution will liquidate assets in the following manner:
Asset Fair value 3 days 10 days
Cash $9 $9. $9
Treasury Bills 16 14 15.5
GNMAs 10 8. 9
Loans 95 65 75
Calculate the 3 and 10 day liquidity index for the depository institution.