7-85 A U.S.bank has €40 million in assets and €50 million in CDs.All other assets and liabilities are in U.S.dollars.This bank is
A) net long €10 million.
B) net short €10 million.
C) neither short nor long in €.
D) net long -€10 million.
E) net short -€10 million.
Correct Answer:
Verified
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