There is free trade between Canada and Malayasia. MYR is Malaysian Ringgit. MYR$/$CAD is $0\mathrm{.}30.$ Inflation in Canada moves to $4\mathrm{.}65\%$ and that in Malaysia reaches $7\mathrm{.}85\%.$ What will be the approximate new rate of exchange as per PPP$?$

MYR$/$CAD $0\mathrm{.}01$

MYR$/$CAD $0\mathrm{.}45$

MYR$/$ CAD $0\mathrm{.}62$

MYR$/$CAD $0\mathrm{.}29$