Citibank holds 42 million in foreign exchange assets and 39, Financial Management

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Citibank holds 42 million in foreign exchange assets and 39

Citibank holds $42 million in foreign exchange assets and $39 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $7 million in foreign exchange contracts and sold $14 million in foreign exchange contracts.

A. What is Citibank's net foreign assets?

B. What is Citibank's net foreign exchange bought?

C. What is Citibank's net foreign exposure?

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Financial Management: Citibank holds 42 million in foreign exchange assets and 39

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