Citibank holds $40 million in foreign exchange assets and $37 million in foreign exchange liabilitie 1 answer below »

Citibank holds $40 million in foreign exchange assets and $37 million in foreign exchange liabilities. Citibank also conducted foreign currency trading activity in which it bought $5 million in foreign exchange contracts and sold $11 million in foreign exchange contracts.

a. What is CitibankAc€?cs net foreign assets? (Enter your answer in millions.) Net foreign assets ________ $ million

b. What is CitibankAc€?cs 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 CitibankAc€?cs net foreign exposure? (Enter your answer in millions. Negative amount should be indicated by a minus sign.)   Net foreign exposure $   million