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Foreign exchange and commodity prices. While traveling in the following countries, you see twenty-ounce plastic bottles of Coca-Cola. You know the price in the United

Foreign exchange and commodity prices.While traveling in the following countries, you see twenty-ounce plastic bottles of Coca-Cola. You know the price in the United States for a Coke is$1.05, but the countries have the following prices:

Canada:

C$1.48

Japan:

157

England:

0.42

European Union:

euro 0.85

What is the implied exchange rate for U.S. dollars and these four currencies?

What is the implied direct, or American, exchange rate between the U.S. dollar ($) and Canadian dollar (C$)?

$ per C$(Round to four decimal places.)

What is the implied direct, or American, exchange rate between the U.S. dollar ($) and Japan dollar ()? (Round to four decimal places.)

What is the implied direct, or American, exchange rate between the U.S. dollar ($) and England dollar ()? (Round to four decimal places.)

What is the implied direct, or American, exchange rate between the U.S. dollar ($) and euro (euro )? (Round to four decimal places.)

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