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) . $$\begin{array} { | l | l | r | r | r | } \hline \text { Currency } & \text { Assets } & \text { Liabilities } & \text { FX Bought } & \text { FX Sold } \\\hline \text { British pound } & 24,600 & 70,000 & 170,400 & 321,000 \\\hline \text { Yen } & 31,000 & 20,400 & 250,000 & 220,000 \\\hline \text { Swiss franc } & 10,200 & 9,800 & 8,000 & 10,800 \\\hline\end{array}$$ 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.

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Definitions:

Cyclohexylacetic Acid

An organic compound featuring a cyclohexane ring attached to an acetic acid group, used in the synthesis of various pharmaceuticals and chemical products.

Synthetic Route

An outlined series of chemical reactions leading to the synthesis of a complex molecule from simpler starting materials.

Methylenecyclohexane

A cyclic hydrocarbon consisting of a cyclohexane ring with a methylene (-CH2-) group attached to it.

Fischer Projection

A method of representing the three-dimensional arrangement of atoms in molecules, particularly in carbohydrates, showing a molecule in two dimensions for ease of understanding.