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Problem 2:Spade & Brothers has a market equity of USD 190 million. Spade also has USD 80 million in USD denominated net debt. Spade's FX

Problem 2:Spade & Brothers has a market equity of USD 190 million. Spade also has USD 80 million in USD denominated net debt. Spade's FX business exposure is 2.17. What is Spade's FX equity exposure?

Problem 3:Rasta Inc. has a market equity of USD 400 million. Rasta also has USD 120 million in USD-denominated net debt and USD 40 million in EUR-denominated net debt. Rasta's FX business exposure to the EUR is 1.80. What is Rasta's FX equity exposure?

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