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Suppose Bank of America holds assets denominated in yen of 190 million and liabilities denominated in yen of 30 million. They also have yen purchases
Suppose Bank of America holds assets denominated in yen of 190 million and liabilities denominated in yen of 30 million. They also have yen purchases of 70 million and yen sales of 50 million. What is Bank of America's net exposure to currency risk (in million)?
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