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Calculate the future spot rate for year 3 of the INR / CAD currency pair, for a spot rate of 0 . 0 1 6

Calculate the future spot rate for year 3 of the INR/CAD currency pair, for a spot rate of 0.01628 with an anticipated inflation rate of 4.40% and 2.60% for India and Canada respectively.
A. The future spot rate for year 3 is INR/CAD 0.01657
B. The future spot rate for year 3 is INR/CAD 0.01545
C. The future spot rate for year 3 is INR/CAD 0.01686
D. The future spot rate for year 3 is INR/CAD 0.01572

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