Multiple Choice
A U.S. bank has £120 million in loans to corporate customers and has £70 million in deposits it owes to customers with the same maturity. The bank has also sold £20 million pounds forward. The bank's net exposure is
A) £210 million.
B) £30 million.
C) £70 million.
D) £170 million.
E) £190 million.
Correct Answer:
Verified
Correct Answer:
Verified
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