As of November 30, 2020, the observed exchange rate CAD/JPY = 80.08. If you expect the inflation rate in Canada to be 2% per year over the next four years and you expect the Japanese inflation rate to be 0.5% per year over the same time period, which of the following statements are true? Select one: a. You expect the spot exchange rate four years from today to be CAD/JPY = 75.38 b. You expect the Yen to depreciate vis--vis the Canadian dollar c. If you have CAD 10,000 to invest and nominal interest rates are the same in both countries, you would prefer to invest in Yen, not Canadian dollars d. All of the above are true e. Only a) and c) above are true