Last year, $100 million in outstanding bank loans to a developing nation’s government were not renewed, and the developing nation’s government paid off $57 million in maturing government bonds that had been held by foreign residents. During that year, however, a new group of foreign banks participated in a $138 million loan to help finance a major government construction project in the capital city. Domestic firms also issued $58 million in bonds and $80 million in stocks to foreign investors. All of the stocks issued gave the foreign investors more than 10 percent shares of the domestic firms. Calculate the gross foreign investment in this nation last year. $ 276 million. Calculate the net foreign investment in this nation last year. $ million.

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