The following are the net currency positions of a U.S. FI (stated in U.S. dollars). Currency Assets Liabilities FX Bought FX Sold British Pound 246 700 1704 3210 Yen 310 204 2500 2200 Swiss franc 102 98 80 108 How would you characterize the Fi's risk exposure to fluctuations in the British pound to dollar exchange rate? a. The Fl has a balanced position in the British pound b. The Fl is net short in the British pound and therefore faces the risk that the British pound will fall in value against the U.S. dollar C. The Fl is net long in the British pound and therefore faces the risk that the British pound will rise in value against the U.S. dollar d. The Fl is net long in the British pound and therefore faces the risk that the British pound will fall in value against the U.S. dollar e. The Fl is net short in the British pound and therefore faces the risk that the British pound will rise in value against the U.S. dollar