Question

What is the credit equivalent amount of the off-balance-sheet foreign exchange contracts if it is out-of-the-money by $4 million?

A. $1.0 million.

B. $2.0 million.

C. $5.0 million.

D. $6.0 million.

E. $9.0 million.

Answer

This answer is hidden. It contains 239 characters.