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Citibank holds $31 million in foreign exchange assets and $26 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which


Citibank holds $31 million in foreign exchange assets and $26 million in foreign exchange liabilities.

Citibank holds $31 million in foreign exchange assets and $26 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $8 million in foreign exchange contracts and sold $14 million in foreign exchange contracts. a. What is Citibank's net foreign assets? ( b. What is Citibank's net foreign exchange bought? c. What is Citibank's net foreign exposure? a. Net foreign assets b. Net foreign exchange bought o. Net foreign exposure milion million million

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