Suppose that the Norwegian direct exchange rate between the U.S. dollar and the Norwegian krone is 7.9168. The expected rate of inflation over the next year in Norway is 2.2%. Meanwhile, the expected rate of inflation over the next year in the U.S. is 2.6%. What does this information suggest that the Norwegian direct exchange rate with the dollar will be one year hence? Select one: a. 6.6988 b. 7.8859 c. 6.6812 d. 7.9485 e. 7.9478