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A U.S. bank has 120 million in loans to corporate customers and 200 million in deposits it owes to customers with the same maturity. The
A U.S. bank has 120 million in loans to corporate customers and 200 million in deposits it owes to customers with the same maturity. The bank has also sold 50 million pounds forward. The bank's net exposure is and the bank is exposed to a (n) of the British pound. +120 million; depreciation 130 million; depreciation + 130 million; depreciation - 130 million; appreciation
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