wouldn't "this ring is nice" be an equally good answer?
This ring is nice = הטבעת הזאת נחמדה
Seems like it should be. I put that as well.
Can someone explain when you use יפה and when נחמד?
Why not? This is a cute ring.
Mmm, sounds awkward to be, but it would be זאת טבעת חמודה.