P.J. Chase Stanley Bank holds $87 million in foreign exchange assets and $84 million in foreign exchange liabilities. P.J. Chase Stanley also conducted foreign currency trading activity in which it bought $177 million in foreign exchange contracts and sold $148 million in foreign exchange contracts.
a. What is P.J. Chase Stanley’s net foreign assets? (Enter your answer in millions.) Net foreign assets $ million
b. What is P.J. Chase Stanley’s net foreign exchange bought? (Enter your answer in millions.) Net foreign exchange bought $ million
c. What is P.J. Chase Stanley’s net foreign exposure? (Enter your answer in millions.) Net foreign exposure $ million