The Following Are the Net Currency Positions of a U

question 59

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:

Income

Money that an individual or business receives in exchange for providing a good or service or through investing capital.

Price

The cost or value assigned to a product or service, determining what a buyer must pay to acquire it.

Supplier

An entity, individual, or company that provides products or services to another entity or individual typically in a supply chain context.

Income

Proceeds that come in, particularly at consistent intervals, from occupational or investment sources.