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Q:Question:holds $35 million in foreign exchange assets and $31 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought

Q:Question:holds $35 million in foreign exchange assets and $31 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $6 million in foreign exchange contracts and sold $12 million in foreign exchange contracts. 1. What is Citibank�s net foreign assets? (Enter your answer in millions.) Net foreign assets ____________________$ million 2. What is Citibank�s net foreign exchange bought? (EnterA:Answer:See a step by step answer

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