Given the following off-balance-sheet assets of the banks: 1) $1000M of interest rate Swap with a remaining maturity of 6 years, and the current value of $10M 2) \$1000M of Exchange Rate Forward contract with a remaining maturity of 4 years and the current value of $30M 3) $100M of option on stocks with 2 years remaining maturity and the current value of $15M Calculate the Credit Equivalent Amount with netting? The add on factor for off-balance sheet items is given by: Credit Equivalent with neting =max(i=1NV)0)+i=1NaLj,(0.4+0.6NRR) where NRR =ExposurewithoutNetingExposurewithNetting=j=1Nmax(Vj,0)max((j=1Nvi),0) Given the following off-balance-sheet assets of the banks: 1) $1000M of interest rate Swap with a remaining maturity of 6 years, and the current value of $10M 2) \$1000M of Exchange Rate Forward contract with a remaining maturity of 4 years and the current value of $30M 3) $100M of option on stocks with 2 years remaining maturity and the current value of $15M Calculate the Credit Equivalent Amount with netting? The add on factor for off-balance sheet items is given by: Credit Equivalent with neting =max(i=1NV)0)+i=1NaLj,(0.4+0.6NRR) where NRR =ExposurewithoutNetingExposurewithNetting=j=1Nmax(Vj,0)max((j=1Nvi),0)