Intro Netto is an American company with operations in Europe. The balance sheet of their European subsidiary is given below (in million): Assets Liabilities & Equity Liabilities 50 Equity 20 Total assets 70 The initial exchange rate is 0.8 per $. Part 1 Attempt 1/10 for 9 pts. What is the dollar value of equity if the current exchange rate is 0.8 per $ (in $ million)? 0+ decima Submit Part 2 Attempt 1/10 for 9 pts. A year later, the balance sheet of the European subsidiary is still the same, but the exchange rate has changed to 0.96 per $. What is the new dollar value of equity (in $ million)? 1+ decima Submit