Consider the following facts Oman 5.85% Country Norway Nominal Interest Rate 2.4% Real Interest rate 1.25 1. The inflation rate in Oman is approximately 4.60%. II. Omani Riyal is expected to depreciate against the Norwegian Krone. Evalue the two statments. O AI and I are correct. B.1 is correct C. Il is correct DI and il are wrong The US$1 is currently equal to A$1.24 in the spot market. Also, the expected inflation rate in Australia is 0.03 percent whereas it is 0.03 percent in the U.S. What is the expected exchange rate one year from now if relative purchasing power parity holds? Round up to four decimal places