Multiple Choice
Assume an Australian FI has US$100 000 in assets and US$200 000 in liabilities. Further, the FI has bought US$40 000 and sold US$20 000. What is the net FX bought position of the Australian FI?
A) -US$20 000
B) US$20 000
C) US$80 000
D) US$100 000
Correct Answer:
Verified
Correct Answer:
Verified
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