Assume the spot rate of $$1$ is $\mathrm{.}7230.$ Also assume the expected inflation rate in the U$.$K$.$ is $2\mathrm{.}8$ percent while the U$.$S$.$ inflation rate is $3\mathrm{.}6$ percent. What is the expected exchange rate two years from now if relative purchasing power parity exists?

Multiple Choice

$\mathrm{.}9841$

$\mathrm{.}7058$

$\mathrm{.}7346$

$\mathrm{.}7115$

$\mathrm{.}4982$