A bank has 10 million in assets and 7 million in liabilities. It has also bought 52

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A bank has £10 million in assets and £7 million in liabilities. It has also bought

£52 million in foreign currency trading. What is its net exposure in pounds? (£55 million)

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Financial Institutions Management A Risk Management Approach

ISBN: 9781266138225

11th International Edition

Authors: Anthony Saunders, Marcia Millon Cornett, Otgo Erhemjamts

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