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P.J. Chase Stanley Bank holds $94 million in foreign exchange assets and $87 million in foreign exchange liabilities. P.J. Chase Stanley also conducted foreign currency
P.J. Chase Stanley Bank holds $94 million in foreign exchange assets and $87 million in foreign exchange liabilities. P.J. Chase Stanley also conducted foreign currency trading activity in which it bought $184 million in foreign exchange contracts and sold $150 million in foreign exchange contracts. |
a. | What is P.J. Chase Stanleys net foreign assets? (Enter your answer in millions.) |
Net foreign assets | $ million |
b. | What is P.J. Chase Stanleys net foreign exchange bought? (Enter your answer in millions.) |
Net foreign exchange bought | $ million |
c. | What is P.J. Chase Stanleys net foreign exposure? (Enter your answer in millions.) |
Net foreign exposure | $ million |
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