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Q:Question:Citibank holds ( $ 39 ) milition in foreign exchange assets and ( $ 33 ) million in foreign exchange liabiliues. Ciubank also conducted foreign
Q:Question:Citibank holds \( \$ 39 \) milition in foreign exchange assets and \( \$ 33 \) million in foreign exchange liabiliues. Ciubank also conducted foreign currency trading activity in which it bought \( \$ 4 \) million in foreign exchange contracts and sold \( \$ 14 \) million in foreign exchange contracts. a. What is Citibank's net forelgn assets? (Enter your answer In mililions.) b. What is Citibank's net foreign exchange bought? (Enter your answerA:Answer:1: net foreign assets= foreign exchange assets-for...
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