Select the best answer for the question. 15. If the current spot exchange rate is $0.9744 Canadian buys $1 U.S. and inflation is expected to be 1 percent over the next year in the United States with the Canadian inflation rate expected to be 5 percent over the same period, what would the exchange rate be at the end of the year using the relative form of the PPP equation? O A. $0.9354 Canadian O B. $1.0234 Canadian O C. $0.9844 Canadian O D. $0.9922 Canadian