Assume $$1$ is currently equal to $A$$$1\mathrm{.}2924$ in the spot market. Also assume the expected inflation rate in Australia is $2\mathrm{.}8$ percent as compared to $2\mathrm{.}4$ percent in the U$.$S$.$ What is the expected exchange rate one year from now if relative purchasing power parity exists?

A$.A$$$1\mathrm{.}3005$

B$.A$$$1\mathrm{.}2952$

C$.$ A $$1\mathrm{.}2872$

D$.A$$$1\mathrm{.}2976$