A USbank Has €40 Million in Assets and €50 Million in in CDs.All

Multiple Choice

A U.S.bank has €40 million in assets and €50 million in CDs.All other assets and liabilities are in U.S.dollars.This bank is

A) net long €10 million.
B) net short €10 million.
C) neither short nor long in €.
D) net long -€10 million.