What is stanley net foreign exchange bought

Assignment Help Financial Management

Reference no: EM132044223

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

Reference no: EM132044223

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