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11. On September 27, 2018, a U.S. FI has a net exposure to Swiss francs of SFr5,500,000. The exchange rate of U.S. dollar per Swiss
11. On September 27, 2018, a U.S. FI has a net exposure to Swiss francs of SFr5,500,000. The exchange rate of U.S. dollar per Swiss franc was 1.0427. It is now Septem- ber 28, 2018. Calculate the FI's dollar loss/gain for this shock to the US$/SFr exchange rate. 11. On September 27, 2018, a U.S. FI has a net exposure to Swiss francs of SFr5,500,000. The exchange rate of U.S. dollar per Swiss franc was 1.0427. It is now Septem- ber 28, 2018. Calculate the FI's dollar loss/gain for this shock to the US$/SFr exchange rate
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