US 3-year 0-coupon bond with FV = 115 USD is trading at a price of 100 USD at t = 0.

CAD 3-year 0-coupon bond with FV = 120 CAD is trading at a price of 100 CAD at t = 0.

The spot exchange rate at t = 0 is USDCAD = X

The 3-year forward exchange rate is F = 1.3 (expressed as a USDCAD exchange rate)

Assuming there is no arbitrage, what is the value of X?

1.040

1.188

1.246

1.357

1.442

The answer is not within 0.01 of any of the above