The interest rate on Canada government securities with one-year maturity is 5 percent and the expected inflation rate for the coming year is 2 percent. The interest rate on U.S. government securities with one-year maturity is 9 percent, and the expected rate of inflation is 6 percent. The current spot exchange rate for Canada dollar is $1 = CAN 1.3. Forecast the spot exchange rate one year from today. Explain the logic of your answer.