16. Assume that the Mexican peso exhibits a 6-month interest rate of 6 percent while the U.S. dollar exhibits a 6-month interest rate of 5%. From the U.S investor's point of view the U.S. dollar is the home currency. According to IRP what should the forward rate premium of the peso with respect to the U.S. dollar be? if the Naira is worth $.07, and the Canadian dollar (C$) is worth $.70. What is the value of the Naira in Canadian dollars (C$)? What is the value of the Canadian dollar (C$) in Naira