Question 4 (total of 12 marks): Amy has some Australian and Bangladeshi assets and liabilities as follows:

• AUD 900,000 Australian house asset.
• AUD 550,000 mortgage loan liability.
• AUD 25,000 owing on her credit card.
• BDT 35,000,000 Bangladeshi apartment asset thats owned outright with no mortgage. Note the apartment is denominated in Bangladeshi Taka (BDT), not Australian Dollars (AUD).
• The current exchange rate is 82 BDT per USD.
• The current exchange rate is 0.74 USD per AUD.

Provide answers as decimals rounded to 6 decimal places. For example, if your answer is 0.23456789, write it as 0.234568.

a) What is Amys net wealth? State your answer in AUD. Dont include the AUD currency or $ sign, just write the number.

b) What is the weight of the asset class real estate in Amys net wealth?

c) What is the weight of the asset class debt in Amys net wealth? Remember that all things that have characteristics of debt should be included in the asset class debt.