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Question 4 (total of 10 marks): An investor has some Australian and Indian assets and liabilities as follows: AUD 600,000 apartment which is partly financed

Question 4 (total of 10 marks): An investor has some Australian and Indian assets and liabilities as follows: AUD 600,000 apartment which is partly financed with a loan. AUD 500,000 mortgage loan. AUD 5,000 in her deposit account at the bank. INR 1,470,000 in Indian shares. Note the shares are denominated in Indian Rupees (INR), not Australian Dollars (AUD). The current exchange rate is 0.7 USD = 1 AUD. The current exchange rate is 70 INR = 1 USD. Note that this exchange rate is not per AUD. It's in INR per USD

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