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What is the euro-peso exchange rate

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Q1. Suppose the U.S. dollar-euro exchange rate is $1.20 per euro, and the U.S. dollar-Mexican peso exchange rate is $0.10 per peso. What is the euro-peso exchange rate (that is, euros per peso)?

Q2. Suppose the Japanese yen-U.S. dollar exchange rate is ¥85.00 per dollar, and the U.S. dollar-euro exchange rate is $1.75 per euro. What is the yen-euro exchange rate (yens per euro)?

Reference no: EM132905931

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