K ces Consider the data in the table below: Nominal Exchange Rates for the U.S. Dollar yen Foreign currency/0.5. U.S. dollars/foreign Country United Kingdom (pound) Canada (Canadian dollar) Mexico (peso) Japan (yen) European Union (euro) a. Calculate the nominal exchange rate between the Mexican peso and the Japanese yen. Express in two ways. Instructions: Enter your responses rounded to three decimal places. One peso peso dollar 0.612 0.968 11.654 81.126 0.698 yen currency 1.633 1.033 One yen b. Suppose the peso appreciates by 20 percent against the dollar while the value of the yen against the dollar remains unchanged Instructions: Enter your responses rounded to three decimal places. One peso 0.086 0.012 1.433

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