A Bushel of Corn Cost C$3 $\le$ 125 in the United Kingdom

A bushel of corn cost C$3.50 in Canada. The same bushel of corn costs $\le$ 1.25 in the United Kingdom. Given absolute purchasing power parity, what is the exchange rate between the Canadian dollar and the British pound?

A) C$2.80 = $\le$ 1
B) C$1 = $\le$ 2.80
C) C$1 = $\le$ 1.25
D) C$3.50 = $\le$ 1
E) C$.3571 = $\le$ 1