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. What is the FI's total FX investment?
A) US$671,500.
B) US$1,236,700.
C) -US$671,500.
D) -US$1,236,700.
E) 0
Correct Answer:

Verified
Correct Answer:
Verified
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