Q:Question:Citibank holds ( $ 26 ) million in foreign exchange assets and ( $ 20 ) million

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Q:Question:Citibank holds $ \$ 26 $ million in foreign exchange assets and $ \$ 20 $ million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $ \$ 8 $ million in foreign exchange contracts and sold $ \$ 15 $ million in foreign exchange contracts. a. What is Citibank's net foreign assets? (Enter your answer in millions.) b. What is Citibank's net foreign exchange bought? (Enter your answer

Posted Date: May 23, 2024 12:02 PM

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Q:Question:Citibank holds ( $ 26 ) million in foreign exchange assets and ( $ 20 ) million

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