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Citibank holds $28 million in foreign exchange assets and $22 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it

Citibank holds $28 million in foreign exchange assets and $22 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $5 million in foreign exchange contracts and sold $13 million in foreign exchange contracts.

a.

What is Citibanks net foreign assets? (Enter your answer in millions.)

Net foreign assets $ million

b. What is Citibanks net foreign exchange bought? (Enter your answer in millions. Negative amount should be indicated by a minus sign.)

Net foreign exchange bought $ million

c. What is Citibanks net foreign exposure? (Enter your answer in millions. Negative amount should be indicated by a minus sign.)

Net foreign exposure $ million

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