Suppose that an Australian company ABC has the following transaction exposure:

ABC's Account $($Millions$)$

Accounts receivable: SFR $20$

Marketable securities: EUR $15$

Accounts payable: EUR $9$

Accounts payable: JPY $900$

Tax liability: SFR $10$

The current spot rate is AUD$1\mathrm{.}65/$SFR$,$ JPY$100/$AUD$,$ and AUD$1\mathrm{.}60/$EUR$.$ Assume a $($perfectly$)$ positive correlation between EUR and SFR$,$ and a $($perfectly$)$ negative correlation between EUR and JPY$.$ What is the ABC's net exposure to EUR in AUD?

a$.$ Net long of AUD $35\mathrm{.}1$ mil

b$.$ Net long of AUD $17\mathrm{.}1$ mil

c$.$ Net long of AUD $15\mathrm{.}9$ mil

d$.$ None of the above