1. 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 $1.01, but the countries have the following prices: Canada: C$1.54 Japan: 145 England: 0.49 European Union: 0.71 What is the implied exchange rate for U.S. dollars and these four currencies? What is the implied direct, or American, exchange rate between the U.S. dollar ($) and Canadian dollar (CS)? per C$ (Round to four decimal places.) What is the implied indirect, or European, exchange rate between the Canadian dollar (CS) and U.S. dollar ($)? C$ per $ (Round to four decimal places.) What is the implied direct, or American, exchange rate between the U.S. dollar ($) and Japanese yen (? per (Round to four decimal places.) What is the implied indirect, or European, exchange rate between the Japanese yen () and U.S. dollar ($)? per $ (Round to four decimal places.) What is the implied direct, or American, exchange rate between the U.S. dollar ($) and British pound sterling ()? per (Round to four decimal places.) What is the implied indirect, or European, exchange rate between the British pound sterling () and U.S. dollar ($)? per $ (Round to four decimal places.) What is the implied direct, or American, exchange rate between the U.S. dollar ($) and euro ()? per (Round to four decimal places.) What is the implied indirect, or European, exchange rate between the euro () and U.S. dollar ($)? per $ (Round to four decimal places.)