What is citibank net foreign assets

Assignment Help Financial Management
Reference no: EM132042642

Citibank holds $39 million in foreign exchange assets and $33 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $4 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  

Reference no: EM132042642

Questions Cloud

Is the bond with the higher apy more or less liquid : Suppose that the Johnson family has the option of purchasing two bonds. Bond A is a $4000 10% 10 year bond paying annual coupons with redemption value $2000.
What is calle ochoa stock worth today : University Dry Cleaners has been growing at a rate of 19% per year in recent years. what is Calle Ochoa stock worth today?
What is the correct amount of lease expense : The payments were as follows: $23,500 for 2016, $19,000 for 2017, $17,500 for 2018, and $14,000 for 2019. What is the correct amount of lease expense
Audience that has different values than their own : What considerations should a speaker take if they are presenting a topic that is new to the audience?
What is citibank net foreign assets : Citibank holds $39 million in foreign exchange assets and $33 million in foreign exchange liabilities. What is Citibank’s net foreign assets?
Why do business enterprises require administered prices : Why do business enterprises require administered (stable) prices as opposed to highly flexible prices? How do business enterprises stabilize prices?
Substance abuse in both a child and in an adult : Discuss the differences between what constitutes substance use versus substance abuse in both a child and in an adult?
What is the net interest income earned in dollars : What is the net interest income earned in dollars on this one-year transaction if the spot rate of U.S. dollars for Australian dollars
Taking psychoactive drugs during pregnancy : If you were providing treatment to a pregnant mother, what psychoeducational information would you provide her about the risks of drinking alcohol

Reviews

Write a Review

Financial Management Questions & Answers

  Under which article of labor law would you use to file claim

An employee submitted a letter of resignation and notifying his employer that he is leaving the company after thirty days as required in his employment contract. Under which Article of the Labor Law would you use to file this claim?

  Annual dividend the firm-what is the current value of stock

The last annual dividend the firm paid was $0.3 a share. What is the current value of this stock if the required return is 12.1 percent?

  Risk-free treasury securities currently offer interest rate

Top hedge fund manager Diana Sauros believes that a stock with the same market risk as the S&P 500 will sell at year-end at a price of $44. The stock will pay a dividend at year-end of $2.00. Assume that risk-free Treasury securities currently offer ..

  What is the difference in the present value

What is the difference in the present value if you receive these payments at the beginning of each year rather than at the end of each year?

  What is the gain or loss from the short call position

If the price of ABCD is 160 at expiration and you buy the calls back at parity, what is the gain or loss from the short call position?

  Straight-line depreciation will be used in calculating taxes

One of the divisions of Ned's Games Manufacturing is considering purchasing for $1,740,000 a machine that automates the process of inserting electronic components onto game consules motherboards. Straight-line depreciation will be used in calculating..

  Outstanding long-term debt

Volbeat Corp. shows the following information on its 2015 income statement: sales = $244,000; costs = $144,000; other expenses = $7,900; depreciation expense = $18,000; interest expense = $13,200; taxes = $21,315; dividends = $10,000. In addition, yo..

  One advantage of the shareholder model of governance

One advantage of the shareholder model of governance is. What is the present value interest factor and how can it be used to simplify PV calculations?

  What was the firm cash flow to creditors

The 2009 income statement showed an interest expense of $210,000. What was the firm's cash flow to creditors during 2009?

  What is annual total costs of post card inventory

Cheeseburger and Taco Company purchases 8,912 boxes of cheese each year. It costs $19 to place and ship each order and $8.32 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. What is th..

  Additional land and build a new assisted living center

Meadow Brook Manor would like to buy some additional land and build a new assisted living center. The anticipated total cost is $29 million. The CEO of the firm is quite conservative and will only do this when the company has sufficient funds to pay ..

  Corporate bond sold to investors

A 30-year corporate bond sold to investors at par ($1000) with a 10 percent coupon rate is called sixteen years later at a 12 percent call premium. At the time of call, prevailing rates on comparable securities were 8 percent. If the bond's holder re..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd