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. Question 4 (total of 10 marks): An investor has some Australian and Bangladeshi assets and liabilities as follows: AUD 800,000 Australian house asset. AUD
. Question 4 (total of 10 marks): An investor has some Australian and Bangladeshi assets and liabilities as follows: AUD 800,000 Australian house asset. AUD 650,000 mortgage loan liability. AUD 30,000 owing on her credit card. BDT 12,000,000 Bangladeshi apartment asset that's owned outright with no mortgage. Note the apartment is denominated in Bangladeshi Taka (BDT), not Australian Dollars (AUD). The current exchange rate is 85 BDT per USD. Note that this exchange rate is not per AUD. It's in BDT per USD. The current exchange rate is 0.7 USD per AUD. Question 4a (2 marks): What is the investor's net wealth? State your answer in AUD to the nearest dollar. So if your answer is 1,234,567.891, write 1,234,568. Don't include the AUD currency or $ sign, just write the number
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