Citibank holds $31 million in foreign exchange assets and $26 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $8 million in foreign exchange contracts and sold $14 million in foreign exchange contracts.
a. What is Citibank’s net foreign assets? (Enter your answer in millions.) Net foreign assets $ million
b. What is Citibank’s net foreign exchange bought? (Enter your answer in millions. Negative amount should be indicated by a minus sign.) Net foreign exchange bought $ million
c. What is Citibank’s net foreign exposure? (Enter your answer in millions. Negative amount should be indicated by a minus sign.) Net foreign exposure $ million.