X-IM Bank has 14 million in assets and 23 million in liabilities and has sold 8 million

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X-IM Bank has ¥14 million in assets and ¥23 million in liabilities and has sold ¥8 million in foreign currency trading. What is the net exposure for X-IM? For what type of exchange rate movement does this exposure put the bank at risk? (LG 9-6) LO.1

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