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The Following Are the Net Currency Positions of a U

Question 60

Multiple Choice

The following are the net currency positions of a U.S.FI (stated in U.S.dollars) . Note: Net currency positions are foreign exchange bought minus foreign exchange sold restated in U.S.dollar terms.  Currency  Net Position  Canadian Dollar  +US $1,200 Euro -US $245,900 Japanese Yen +US$505,000 Swiss Frane -US $36,700 British Pound  +US $447,900\begin{array} { | l | r | } \hline { \text { Currency } } & \text { Net Position } \\\hline \text { Canadian Dollar } & \text { +US } \$ 1,200 \\\hline \text { Euro } & \text {-US } \$ 245,900 \\\hline \text { Japanese Yen } & + \mathrm { US } \$ 505,000 \\\hline \text { Swiss Frane } & \text {-US } \$ 36,700 \\\hline \text { British Pound } & \text { +US } \$ 447,900 \\\hline\end{array} What is the portfolio weight of the Euro in this FI's portfolio of foreign currency?


A) +0.18 percent.
B) -36.62 percent.
C) +75.20 percent.
D) -5.47 percent.
E) +66.70 percent.

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