question archive Rebel and Partners (R&P) has an enterprise value of VBUSD = 25 million; its total net debt is USD 5 million, USD 2 million is issued in GBP, and the FX business exposure of R&P to the GBP is 1
Subject:FinancePrice: Bought3
Rebel and Partners (R&P) has an enterprise value of VBUSD = 25 million; its total net debt is USD 5 million, USD 2 million is issued in GBP, and the FX business exposure of R&P to the GBP is 1.20. R&P also has a short position in a GBP Swap (at-market) worth USD 2 million. What is the FX equity exposure of R&P?
Group of answer choices
1.52
1.63
1.40
1.30