Solved

The Following Are the Net Currency Positions of a U

Question 15

Multiple Choice

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 24,60070,000170,400321,000 Yen 31,00020,400250,000220,000 Swiss franc 10,2009,8008,00010,800\begin{array} { | l | l | r | r | r | } \hline \text { Currency } & \text { Assets } & \text { Liabilities } & \text { FX Bought } & \text { FX Sold } \\\hline \text { British pound } & 24,600 & 70,000 & 170,400 & 321,000 \\\hline \text { Yen } & 31,000 & 20,400 & 250,000 & 220,000 \\\hline \text { Swiss franc } & 10,200 & 9,800 & 8,000 & 10,800 \\\hline\end{array} What is the FI's net exposure in British pounds?


A) -45,400.
B) -150,600.
C) -196,000.
D) +105,200.
E) +196,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions