I couldnt find the one year spot rate using the PPP equation (i used Nominal IR - Real IR = Inflation rate to find for Home Inflation rate ($A) and Foreign Inflation rate (CNY) but stil unable to get the answer

Question 1 Not answered Marked out of 1.00 According to the International Fisher Effect (IFE), calculate the value of A in the following table. (enter 4 decimal places number with no sign or symbol) Australian dollar Chinese yuan Spot rate (AS) (CNY) Real interest rate p.a. 4.89% 4.89% Nominal interest rate p.a. 7.12% 12.30% Today's spot rate CNY5.2219/A$ After one year spot rate A i Nominal (12 - Real IR + Inflation Answer: X Inflation in = Nominal IR - Real IR AUD = 7. 12% - 4. 89 % The correct answer is: 5.4744