... at Y £300mOther Assets £600mY’s depositOther L&E £400mTotal Assets £1,700m Total L&E £1,700mAssets Liabilities€ deposit at X€1,210mOther Assets €590mX’s depositOther L&E ... .50763-most forward 1.9663 .50866-mos forward 1.9593 .5104$1.9593/£$2.10/£$1,407$1.90/£−$593Consider the payoffs at maturity to a long position in a six month forward contract on £10,000.13< ... €770m£400m£100m€1,320m£100m€1,320m€770m£400mBank X buys £100m from Y for €110mAssets Liabilities£ deposit at Y £300mOther Assets £600mY’s deposit €1,210mOther L&E £400mTotal Assets £1,700m Total L&E...