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Question
The following are the net currency positions of a U.S. FI (stated in U.S. dollars).
Note: Net currency positions are foreign exchange bought minus foreign exchange sold restated in U.S. dollar terms.
What is the FI's total FX investment?
A. US $671,500.
B. US $1,236,700.
C. -US $671,500.
D. -US $1,236,700.
E. 0
Answer
This answer is hidden. It contains 76 characters.
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