The following are the net currency positions of a U.S.FI (stated in U.S.dollars) . Note: Net currency positions are foreign exchange bought minus foreign exchange sold restated in U.S.dollar terms. What is the FI's total FX investment?
A) US $671,500.
B) US $1,236,700.
C) -US $671,500.
D) -US $1,236,700.
E) 0
Correct Answer:
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